In 2022, Lando Norris renegotiated his salary to an incredible $20 millionquite a feat for someone who's not as long in the sport and hasn't yet had the opportunity to show his skills in a highly competitive car. Norris Agrees With Max, Thinks Salary Cap Could Harm Young Drivers Norris agrees with Max, thinks salary cap could harm young drivers Henry Valantine 24 Jun 2022 5:15 PM Bonuses: $6 million. Here's the salaries (and schedule) for the 2023 F1 season . $100 million) contract extension with McLaren (MCL) through 2025. In this article, well explore how much we think Formula 1 drivers make, how they make their money, and who the richest drivers in history are. While we have no doubt the base salaries of F1 drivers could more than enough for some to live for a lifetime, they only paint part of the picture. Lando Norris Asset & Endorsements As of 2022, his net worth is around $280 million, making him the first player to venture into pursuing a motorcycle racing career. Salary. For instance, the driver owns a line of custom video game controllers. What team principal Grard Lopzdidnt expect was the performance Kimi would produce. Theyd finished a lowly 10th place the previous two seasons, and had a plan to coax the 2009 world champion into their seat. As a result, champions like Lewis Hamilton and Max Verstappen have taken on new tiers of fame whilst even lesser-known drivers have become reality show stars. Prez recently became the first Mexican driver to achieve a pole position in F1 and it took him a record-breaking 215 race starts to do it. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, F1's highest-paid drivers for the 2022 season, Hamilton and F1 title rival Verstappen are in a different league with their wages, Lando Norris is third in the list of top-paid F1 stars, F1s top 10 highest-paid drivers revealed with Lewis Hamilton still leading the way ahead of world champ Max Verstappen, Chelsea vs Leeds LIVE: Potter fighting for job against fierce rivals in do-or-die Premier League tie - LATEST, Man City 2 Newcastle 0: Foden scores stunner before Bernardo Silva seals win as champions keep up pressure on Arsenal, Chelsea stars told to sign three-year deals or face being SOLD with England ace and club legend among those at risk, Achraf Hakimi denies rape accusation alleging he's victim of 'racketeering' plot as wife 'dumps' the PSG star, Mason Greenwood's England future revealed after he turned down opportunity to play for another country, Arsenal vs Bournemouth bonus: Get money back as CASH if you lose, plus 100-1 tips, preview and prediction - 18+ T&Cs, Meet the F1 Wags of 2023, including supermodels from Brazil and Italy, as well as a Chinese professional golf star, Man Utd boss Erik Ten Hag's surprise secrets to success revealed, with boring 11 vs 0 training games and afternoon naps, signed a mega 37million-per-year new contract with Red Bull, GET A FREE 10 BONUS WITH 100s OF GAMES TO PLAY AND NO DEPOSIT REQUIRED, Independent Press Standards Organisation (IPSO). First entry: 2019 Australian Grand Prix Hence, Lando Norris salary needed to be upgraded to match his talent. To inquire about a licence to reproduce material, visit our Syndication site. Ferrari ace Carlos Sainz and Aston Martin star Sebastian Vettel both earn 7.28m per year on their current deals. Team. But this year's title fight was far more straightforward as Verstappen coasted to the crown ahead of Ferrari's Charles Leclerc and Red Bull team-mate Sergio Perez. Norris owns an E-sports team called Quadrant. FORMULA 1: 2023 Team/Drivers Salaries Browse FORMULA 1 2023 salaries, transactions and more. salary sport. To see all content on The Sun, please use the Site Map. $100 million) contract extension with McLaren (MCL) through 2025, Signed a contract extension with McLaren (MCL), Signed a 3 year contract extension with McLaren. You might find him crate-digging at the nearest record store or sampling whisky at the nearest bar. Born: 7 February 1996 (age 26 years), Rouen, France Born: 22 March 1999 (age 22 years), Vufflens-le-Chteau, Switzerland Norris earns a better salary and is locked onto a better contract. As a Formula One driver, Norris earns a salary from the McLaren team, and he may also receive additional income from sponsorships and endorsements. Necessary cookies are absolutely essential for the website to function properly. Last entry: 2022 Emilia Romagna Grand Prix Hell continue to drive for the team during the 2022 season. With some of the biggest car brands in the world competing with lucrative brand deals, the money involved in the pinnacle of racing is dizzying. First entry: 2014 Australian Grand Prix Last entry: 2022 Emilia Romagna Grand Prix Car number: 1 A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. All You Need to Know About Gregg Berhalter, Who Is Sydney McLaughlins Husband Andre Levrone Jr? He won the MSA Formula championship in 2015, and the Toyota Racing Series, Eurocup Formula Renault 2.0 and Formula Renault 2.0 Northern European Cup in 2016. McLaren star Lando Norris comes in third after signing a new bumper four-year contract. Read more All You Need to Know About Daniel Ricciardos Girlfriend, Heidi Berger. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s. And despite how good a car might be mechanically, its the driver who can really make the difference on the track. Having scored just 0 points in both preceding seasons, Kimi secured a huge 207 points and a third-place finish in the drivers championship in year one. Feb 9 2022 Signed a 4 year 80 million (est. Heres the official schedule of races for the upcoming season, with qualifying events happening the day before each. Formula 1or F1 for shortis the highest class of international auto racing. Lando Norris is satisfied that McLaren extracted everything possible within its MCL36 machine, finishing 5th in the overall standings. Lando Norris (USD$20 Million) The McLaren F1 racing team sees big things from Lando Norris, whose salary has skyrocketed over the previous year. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. According to the previous Lando Norris contract, the McLaren driver . While F1 is the pinnacle of motorsport, it is also a business. First entry: 2019 Australian Grand Prix Checo Prez shines in Bahrain GP practice, 2023 McLaren F1 team: CEO Zak Brown | Drivers Lando Norris and Oscar Piastri. McLaren moved with Mercedes, Red Bull and Ferrari all understood to have evaluated signing the 22-year-old driver. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. . '$164 Billion Lost': Norway Sovereign Wealth Fund Posts Biggest Loss Since 2008, First Look at 707PS Aston Martin DBX707 F1 Medical Cars, Man of Many's Staff Favourites - 4 March 2023, The True Story Behind Steve McQueen's Cooper T56 Formula Junior, Ferrari and Bang & Olufsen's 2023 F1 Partnership Promises Thrills Beyond the Finish Line. Born on November 13, 1999, Lando Norris is a British-Belgian F1 racer. Team:Mercedes. Last win: 2021 Italian Grand Prix Car number: 22 Team: Ferrari. How much does Lando Norris earn per year? The content is not intended to be a substitute for professional medical advice, diagnosis, or treatment or for professional financial advice. Car number: 77 Lando Norris Net Worth, Age, Height, Wife, Salary, Parent, Children, Siblings - Lando Norris signed a contract extension with McLaren in February 2022, keeping him with the team until at least 2025. 2023 Man of Many Pty Ltd Sydney, Australia ABN 73 163 331 280. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. And the pair are miles clear of the rest of the field when it comes to their salaries. Born: 30 September 1997 (age 24 years), Hasselt, Belgium Lando lived in Surry, not far from McLarens factory back in Woking. Norris, 22, will take home 10.5m per year - more than Ferrari's Charles Leclerc and outgoing McLaren. Norris raised over $12,000 and shaved off his head as a promise he made if he hit $10,000 in donations. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Norris'. The 2023 Formula One season will be the longest F1 season to date, with a total of 23 races. This cookie is set by GDPR Cookie Consent plugin. Car number: 6 Hes still dealing with the controversy over his recent crash at the Abu Dhabi Grand Prix, which helped Max Verstappen secure the win. Salary. His move to his new apartment in Monaco comes with financial benefits as Monaco is considered a tax haven and no income tax is charged, giving way to lucrative savings. Transactions. Car number: 47 Having unveiled the MCL60 - named in honor of the team's 60th anniversary - ahead of the 2023 Formula 1 season, McLaren will see Lando Norris joined by F1 rookie Oscar Piastri to form the. In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. Man of Many provides content of a general nature that is designed for informational purposes only. You also have the option to opt-out of these cookies. With a bigger and better contract, Norris has established himself as the leader at McLaren ahead of Ricciardo. Lotus offered Kimi a whopping 50,000-per-point bonus as part of a sweet two-year deal. The most comprehensive sports salary database. Total Cash. Team: AlphaTauri. On their official website, fans can buy merchandise ranging from t-shirts, hoodies, bottom wear, etc. Last weekend we completed our pre-season testing in Bahrain ahead of the first round. ADVERTISEMENT After Ricciardo tested positive for COVID-19 and was unable to attend the Bahrain Official Preseason Testing, Norris completed all three days. With Daniel on a short-term deal, it will be interesting to see if he and McLaren will be able to agree on an extension. Search. By clicking Accept, you consent to the use of ALL the cookies. Lando Norris salary is $24 million and over the course of four years he will earn $96 million. Hes under contract with Alpine through to the end of the year. 2022: Mclaren: 16,200,000: 2023: Mclaren: 16,200,000: Other undefined teams: Carlos Sainz Jr. Logan Sargeant. Still, with his updated driver salary of USD$40 million, we cant imagine hes complaining. First entry: 2020 Austrian Grand Prix He also went on to win the European F3 title and performed quite well in the 2018 F2 championship. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. The information does not usually directly identify you, but it can give you a more personalised web experience. In 2017, Forbes published a list of all-time highest paid sportspeople. Needless to say, expectations are high. Car number: 14 Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. But that doesnt mean Ill think any less of the team, Ill still have that faith and confidence in year two, year three, year four. First entry: 2022 Bahrain Grand Prix This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. Under the guidance of Andrea Stella, we have an excellent team to spearhead the 2023 season and can look forward to seeing our young driver duo continue to grow their partnership throughout the upcoming campaign.. The team said in a statement that the confirmation of Daniel Ricciardo and Lando Norris McLaren contract beyond 2022 reiterates the team's commitment for stability in the future as they hope to compete at the front of the field as soon as possible. . F1 in Las Vegas: Formula 1 granted access to hold Las Vegas Grand Prix on iconic Strip through 2032. Born: 28 August 1989 (age 32 years), Nastola, Finland With a mere 20 drivers reaching the top of motorsport, they are renowned as the very best behind the wheel. So how much did the rest of this years Formula 1 drivers make? Here are the countries of origin, sponsors and car numbers of each driver competing in 2023, according to ESPN, as well as how much Spotrac reports each is earning in salary for the 2023 season. Born: 29 June 1995 (age 26 years), Montreal, Canada Last entry: 2022 Emilia Romagna Grand Prix articles a month for anyone to read, even non-subscribers! . This baby-faced Brit achieved his first F1 podium last year for Williams and now makes up part of the Mercedes racing team. Norris raised 10,000 for the COVID-19 Solidarity Response Fund in support of the World Health Organisation during the online streaming event he orchestrated on Twitch. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Total Cash. Lando Norris has signed a new 80million contract to keep him with McLaren for four more years. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. JOIN SUN VEGAS: GET A FREE 10 BONUS WITH 100s OF GAMES TO PLAY AND NO DEPOSIT REQUIRED (Ts&Cs apply). It was one of the most intense races in the sports history, which only reinforced the status of both drivers as being in a class of their own. Heres what veterans and newcomers alike are expected to earn. This was enough to convince the Iceman to head to the team, as hed also been in talks with Williams. Team: Red Bull Racing. Last entry: 2022 Emilia Romagna Grand Prix All You Need to Know About the Former NFL Player, Jenson Brooksby vs Ugo Humbert: Prediction, Rankings and Prize Money Compared for ATP Basel Open 2022, Frances Tiafoe vs Emil Ruusuvuori: Prediction, Head-to-Head, Ranking and Prize Money Compared for ATP Stockholm Open 2022, Felix Auger Aliassime vs Dan Evans: Prediction, Head-to-Head, Ranking and Prize Money Compared for ATP European Open 2022. After he collected 183 points in his second year, his bonus alone was worth a whopping 19.5m. First win:2007 Canadian Grand Prix Team: Alfa Romeo. Team: McLaren. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Red Bull's Perez comes next (4.5m) and Alpine's Esteban Ocon (4m) completes the top ten. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Despite Norris vast earnings, his family is very wealthy and is reported to be worth 300m. It was a four-year contract that will run until 2026. They help us to know which pages are the most and least popular and see how visitors move around the site. Norris' net worth is likely to be around $25 million, as of 2022. Car number: 10 Car number: 5 They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Lando Norris (born 13 November 1999) is a Belgian-British [2] racing driver currently competing in Formula One with McLaren, racing under the British flag. Here are their respective McLaren contracts compared. This cookie is set by ShareThis, to test whether the browser accepts cookies. Consequently, the new deal will net Norris a cool salary of 10.5 million-a-year until 2025, making him the third-highest-paid driver for the 2022 season, behind only the two big stars at . These cookies may be set through our site by our advertising partners. While we didnt get as many laps in as we would have liked due to addressing minor issues on both cars during sessions, it was a decent three days in the new MCL60s that yielded a lot of useful data, which we will be analyzing this week. First win: 2014 Canadian Grand Prix All information these cookies collect is aggregated and therefore anonymous. A look at the calculated cash earnings for Lando Norris. Jon Wilde 12 Feb 2022 11:55 PM A new McLaren contract for Lando Norris is reported to have elevated him onto the 'podium' of the three best-paid drivers on the Formula 1 grid. Born: 30 May 1999 (age 22) Shanghai, China F1 driver salaries: How much do Formula 1 drivers earn in 2021? Lando Norris was born on the 13th of November 1999 and is 23 years old as of 2022. 2022 Driver Standings: Lando Norris - Formula 1 . Car number: 23 THE 2022 F1 season has seen Max Verstappen stroll to a comfortable second title with several races to spare. But I have strong faith in everyone at McLaren. What is Lando Norris' net worth? This cookie is set by GDPR Cookie Consent plugin. Piastris signing of course, represents a bold move on McLarens part, however, given their fifth-place finish in 2022, perhaps bold moves are the requirement going forward. The 2022 season was also supposed to have 23 races, but the cancellation of the Russian Grand Prix left the season with 22 races, the same as the 2021 season, according to Goodwood Road & Racing. Thats the higher end and thats when there will be more opportunities for us to achieve more as a team.. Further, the contract amounts to the whopping $80.000.000 to keep him a part of the team. He also teamed up with other F1 drivers to organize a charity titled Race For the World, in the fight against Coronavirus and raised over $70,000 in donations and 5 other F1 drivers. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Lets find out. Published: 10 Feb 2022, 09:24 Lando Norris is having himself a busy week but fortunately, he is going to be able to pay the bills with his new contract with McLaren reportedly set to land him. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Last win: 2019 Singapore Grand Prix Lando Norris. Born: 15 February 1998 (age 24 years), Kings Lynn, United Kingdom This website uses cookies to improve your experience while you navigate through the website. Hence, Lando Norris' salary needed to be upgraded to match his talent. Team: Haas. May 19 2021 Signed a contract extension with McLaren (MCL) Jul 1 2019 Signed a 3 year contract extension with McLaren. One of the youngest drivers on the grid at 22 is estimated to earn the same salary as 40-year-old two-time champion Fernando Alonso. $100 million) contract extension with McLaren (MCL) through 2025. There he owned a luxurious place with a white and grey interior. 35. The __gads cookie is associated with the DoubleClick for Publishers service from Google. After driving for Mercedes from 2017 to 2021, this Finnish racing legend signed a multi-year with Alfa Romeo. Please logout and login again. News Group Newspapers Limited in England No. Car number: 3 The British driver, 22, put pen-to-paper on his last extension just nine months ago. Feb 9 2022 Signed a 4 year 80 million (est. First win: 2003 Hungarian Grand Prix When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. But how much do F1 drivers really earn? Lando Norris is 'confident' entering his fifth season in Formula 1 with McLaren Racing and speaks highly of races in Austin, Miami and Las Vegas. Seeing his talent, McLaren signed him on a long-term deal, which made him one of the highest-paid drivers on the grid. To put it another way: the business of F1 is currently booming. This Swiss-born German is in the midst of his second year as an F1 driver for the Haas racing team. With limited exceptions, teams were required to keep costs under $145m. The 22-year-old had a very successful 2021 season, finishing sixth in the Drivers' standings and recording four podium finishes. Team: Aston Martin. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More. The 2022 season was also supposed to have 23 . For instance, Kimi Raikkonen made a surprise return to Formula 1 in 2012 when he joined a fledgling Lotus team. His annual salary is $20 million. Activate your account. $100 million) contract extension with McLaren (MCL) through 2025. The pattern element in the name contains the unique identity number of the account or website it relates to. That said, we know there is more that we can get out of the existing package, and were looking ahead to the first F1 race of the season in Bahrain with great anticipation. His three-year deal will see him earn $45 million at the end of his contract. He was recently denied an eighth championship title after a controversial showdown against Max Verstappen in Abu Dhabi. Team: Williams. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The first Dutch driver to win an F1 World Championship, Max Verstappen is nothing short of a superstar. Max Verstappens salaryas impressive it may beis merely the tip of an iceberg that includes sponsorships, partnerships, investments, and all kinds of free swag, amongst other things. Lando Norris' salary is $24 million and over the course of four years he will earn $96 million. These cookies may be set through our site by our advertising partners. After a brilliant 2021, Norris was rewarded with a very huge contract at the start of 2022. Born: 13 November 1999 (age 22 years), Bristol, United Kingdom First entry: 2019 Australian Grand Prix The sport has also become more popular than ever before in the key market of America. . However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. The answer ranges depending on each respective salary. And its not just on the track where drivers can grow their bank accounts. And thats why they make the big bucks. Lewis Hamilton tops the charts with a whopping 40million-a-year, which was negotiated 12 months ago. but are not associated in any way with the Formula One group of companies. Team: Williams. We also use third-party cookies that help us analyze and understand how you use this website. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The cookies is used to store the user consent for the cookies in the category "Necessary". while the likes of Lando Norris, Alex Albon, Nicholas Latifi, Yuki Tsunoda and Guanyu Zhou all raced in F2. His endorsements include McLaren, Bell Helmets, wearegrip, ADD Management, and PAP. Michael Schumacher is thought to be the highest-paid Formula 1 driver of all-time, as well as one of the highest-earning sportspeople ever. Hes been retained by Aston Martin for a second year, with an adjoining salary bump of over USD$8 million. His 2022 contract was worth $96 million. According to Racing News, Lando Norris has an estimated net worth of $3 million. Formerly signed with Toro Rosso and Red Bull Racing, Gasly joined AlphaTauri in 2020 and scored his first (and only) F1 win that very same year. Born: 7 January 1985 (age 37 years), Stevenage, United Kingdom Read more What Is McLaren F1 Driver, Lando Norris Diet Plan? His current salary of USD$5 million represents only a marginal increase over last year. Hes earning USD$4 million more in salary than he did in 2021. Later in 2016, he even won the Formula Renault 2.0 and Toyota Racing Series. And when it comes to money, Formula 1 teams and bosses keep their cards close to their chest. Despite recent talk of driver salary caps, Formula One has yet to impose any such rules, continuing to exempt driver salaries from team budget restrictions. First entry: 2021 Bahrain Grand Prix F1, FORMULA ONE, FORMULA 1, FIA Heres what each Formula 1 driver makes, as per spotrac. He won the MSA Formula Championship a year later while racing for Carlin. The British driver, 22, put pen-to-paper on his last extension just nine months ago. Taking you behind the scenes of professional motorsport, the series largely eschews technical details in favour of taut drama, human interest, and fierce competition. This may include adverts from us and 3rd parties based on our understanding. $45,660,000. We are delighted to launch our 2023 Formula One team with Lando and Oscar at the wheel as we celebrate 60 years of McLaren Racing, CEO Zak Brown said. According to reports, Lando Norris's salary is about 20 million per season. That deal puts him in the top 5 highest salary earners among the current F1 drivers. Brand deals, corporate appearances, investments and merchandise can all contribute. First win: 2020 Italian Grand Prix Lando Norris - 16.5m Lando Norris is one of the most popular drivers on the grid. Saturday, 4th March 2023See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. Your login session has expired. Daniel Ricciardo joined McLaren in 2021 from Renault. If you do not allow these cookies, you will experience less targeted advertising. The 2023 Formula 1 season salaries from top to bottom. Prior to this, Norris racing debut in 2014 at the Ginetta Junior Championship, finishing 3rd.