Formula 1

A look at Sergio Perez’s stellar salary rise in Formula 1 over the years

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Red Bull driver Sergio Perez is currently one of the highest-paid (salary) drivers in Formula One

Sergio Perez has emerged as one of the top F1 stars of the modern era and single-handedly put Mexico on the map of motorsport. Perez started his Formula One career with the Sauber F1 team in 2011 at an estimated salary of less than US $1 million and ten years on, he is now one of the highest-paid racers in the sport. Perez’s current estimated annual salary is US $10 million, making him the fourth-highest-paid F1 racer.

Credits: Reddit

As of 2022, Perez’s annual earnings are estimated to be US $26 million, including $16 million in bonuses. He is only behind Max Verstappen, Lewis Hamilton, and Fernando Alonso in the current F1 grid. Perez’s rise over the last decade is staggering, and it is bound to improve in the upcoming seasons.

In his F1 career to date, spanning over a decade, Perez has registered four race wins to go with 26 podium finishes. The Mexican finished third this season in the drivers’ championship after some commendable performance and of time, he was in contention for the championship title. Thanks to his consistent performances, Perez’s net worth is expected to rise higher ahead of the new season.

Highest paid F1 drivers of 2022 revealed – Fans react

Let us take a look at how fans reacted to Perez being one of the top earners in Formula One.

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“how is perez higher than leclerc and sainz here lmao”, trolled a fan.

“How is Pérez earning more than Charles with all due respect to him”, wrote another fan, echoing similar sentiments.

“To think for the price of Perez you could get Russell and Norris with 5 mil spare… Or Sainz and one of them.tbf Perez does move a hella lot of merch for RB and is a great team player currently… But gods damn”, tweeted another fan.

“Perez making 26M? No way.. That’s one big waste of money”, read another tweet.

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Sarbik Dutta

My heart races on the F1 track and tennis courts, translating the adrenaline of each moment into words. While F1's speed thrills and tennis's finesse captivate me, my passion doesn't stop there. As a devoted follower of cricket, football, and various Olympic sports, I find myself engulfed in the highs and lows of these games. Through my writing, I aim to share the stories behind the stats, the emotions fueling the victories, and the struggles that define the journey of athletes across diverse disciplines. Being a voice that echoes the fervor of these sports is a privilege I cherish every day.

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