FORMULA 1
Carlos Sainz Jr
Carlos Sainz Jr
2023-2024 Extension (CURRENT)
Carlos Sainz Jr signed a 2 year contract with the Ferrari, including $55 signing bonus, and . In 2024, Sainz Jr will earn a base salary of $12,000,000, while carrying a cap hit of $12,000,000.
Contract Terms:
2 yr(s)
Signing Bonus:
$55
Free Agent:
2025 / UFA
| Year | Age | Option/Status | Base Salary | Incentives Likely | Cap Hit | |
|---|---|---|---|---|---|---|
| 2023 |
|
28 | $12,000,000 | $2,000,000 | $14,000,000 | |
| 2024 |
|
29 | $12,000,000 | - | $12,000,000 | |
| 2025 |
|
30 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2023 |
|
28 | $12,000,000 | $14,000,000 | $45,600,000 | |
| 2024 |
|
29 | $12,000,000 | $12,000,000 | $57,600,000 |
Contract Notes
- 2023 salary via Racing365
Source:
Formula 1
2021-2022
Carlos Sainz Jr signed a 2 year contract with the Ferrari.
Contract Terms:
2 yr(s)
Signing Bonus:
N/A
| Year | Age | Option/Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2021 |
|
26 | $8,000,000 | $8,000,000 | |
| 2022 |
|
27 | $10,000,000 | $10,000,000 |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2021 |
|
26 | $8,000,000 | $8,000,000 | $21,600,000 | |
| 2022 |
|
27 | $10,000,000 | $10,000,000 | $31,600,000 |
Source:
Express/Jame Benson
2019-2021
Carlos Sainz Jr signed a 3 year , $9,900,000 contract with the McLaren, including an average annual salary of $3,300,000.
Contract Terms:
3 yr(s) / $9,900,000
Average Salary:
$3,300,000
Signing Bonus:
N/A
Free Agent:
2022 / UFA
| Year | Age | Option/Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2019 |
|
24 | $3,300,000 | $3,300,000 | |
| 2020 |
|
25 | $7,000,000 | $7,000,000 | |
| 2021 |
|
26 |
Voided
|
$3,300,000 | $3,300,000 |
| 2022 |
|
27 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2019 |
|
24 | $3,300,000 | $3,300,000 | $3,300,000 | |
| 2020 |
|
25 | $7,000,000 | $7,000,000 | $10,300,000 | |
| 2021 |
|
26 |
Voided |
$3,300,000 | $3,300,000 | $21,600,000 |
Contract Notes
- 2019 $300k endorsements
- 2020 $300k endorsements
Source:
FORMULA 1 contract specifics generally collected from verified reports.
2017-2018
Carlos Sainz Jr signed a 2 year , $1,500,000 contract with the Scuderia Toro Rosso, including an average annual salary of $750,000.
Contract Terms:
2 yr(s) / $1,500,000
Average Salary:
$750,000
Signing Bonus:
N/A
Free Agent:
2019 / UFA
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2016-2016
Carlos Sainz Jr signed a 1 year , $650,000 contract with the Scuderia Toro Rosso, including an average annual salary of $650,000.
Contract Terms:
1 yr(s) / $650,000
Average Salary:
$650,000
Signing Bonus:
N/A
Free Agent:
2017 / UFA
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2015-2015
Carlos Sainz Jr signed a 1 year , $277,500 contract with the Scuderia Toro Rosso, including an average annual salary of $277,500.
Contract Terms:
1 yr(s) / $277,500
Average Salary:
$277,500
Signing Bonus:
N/A
Free Agent:
2016 / UFA
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Career Earnings thru 2024
$56,727,500
Career Earnings w/ Different Teams
0 team
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2015 | 20 |
|
Active
|
$277,500 |
$277,500 |
|
| 2016 | 21 |
|
Active
|
$650,000 |
$927,500 |
|
| 2017 | 22 |
|
Active
|
$750,000 |
$1,677,500 |
|
| 2018 | 23 |
 |
Active
|
$750,000 |
$2,427,500 |
|
| 2019 | 24 |
|
Active
|
$3,300,000 |
$5,727,500 |
|
| 2020 | 25 |
|
Active
|
$7,000,000 |
$12,727,500 |
|
| 2021 | 26 |
|
Active
|
$8,000,000 |
$20,727,500 |
|
| 2022 | 27 |
|
Active
|
$10,000,000 |
$30,727,500 |
|
| 2023 | 28 |
|
Active
|
$14,000,000 |
$44,727,500 |
|
| 2024 | 29 |
|
Active
|
$12,000,000 |
$56,727,500 |
|
| Total |
$56,727,500 |
$56,727,500 |
| Year | Team(s) | Age | Base | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|
| 2015 |
|
20 |
$277,500
|
$277,500 |
$277,500 |
|
| 2016 |
|
21 |
$650,000
|
$650,000 |
$927,500 |
|
| 2017 |
|
22 |
$750,000
|
$750,000 |
$1,677,500 |
|
| 2018 |
|
23 |
$750,000
|
$750,000 |
$2,427,500 |
|
| 2019 |
|
24 |
$3,300,000
|
$3,300,000 |
$5,727,500 |
|
| 2020 |
|
25 |
$7,000,000
|
$7,000,000 |
$12,727,500 |
|
| 2021 |
|
26 |
$8,000,000
|
$8,000,000 |
$20,727,500 |
|
| 2022 |
|
27 |
$10,000,000
|
$10,000,000 |
$30,727,500 |
|
| 2023 |
|
28 |
$12,000,000
|
$2,000,000 |
$14,000,000 |
$44,727,500 |
| 2024 |
|
29 |
$12,000,000
|
$12,000,000 |
$56,727,500 |
|
| Total |
$54,727,500 |
$2,000,000 |
$56,727,500 |
$56,727,500 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|
