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For example, after wealthy Brazilian driver Pedro Diniz left the Forti team for Ligier after the 1995 season, Forti withdrew from Formula One midway through 1996. [3] The competence of pay drivers varies. Three-time Formula One world champion Niki Lauda grew up in a wealthy family. Against his parents' will, he was able to borrow money against ...
Formula 1's $140 million team budget cap does not address driver salaries.
The highest-paid driver in 2021 is Lewis Hamilton, who received $55 million in salary from Mercedes AMG Petronas F1 – a record for any driver. [225] The very top Formula One drivers get paid more than IndyCar or NASCAR drivers; however, the earnings immediately fall off after the top three F1 drivers, and the majority of NASCAR racers will ...
[12] 2009 Formula 1 World Driver's Champion Jenson Button objected, and expressed his position that all current F1 drivers should pay the same flat fee for their super licences: Personally I don't feel that we should be paying different super licence fees for different drivers and different point situations.
George Russell says Formula 1 drivers have a simple question for the sport's governing body: which official will be “getting fired” next? Russell is a director of the Grand Prix Drivers ...
Waberski made his single-seater debut in the 2020 South African Formula 1600 National Championship, where he competed in three races and claimed one podium, finishing the championship in 7th position with one podium to his name, he came runner-up the 2021 South African Formula 1600 National Championship, as he took his maiden single-seater win and amassed 9 podiums in that years campaign.
The most recent driver to make their Formula One debut is Jack Doohan, who debuted at the 2024 Abu Dhabi Grand Prix. [ 18 ] This list includes all drivers who have entered a World Championship race, including participants of the Indianapolis 500 between 1950 and 1960 when it was part of the World Championship (although not being run according ...
A Formula One driver for 11 years in the 1970s and ‘80s, the Northern Irishman speaks with great fondness when it comes to racing in North America. Watkins Glen in upstate New York was the ...