As we enter the second half of the 2022 Formula One championship, reigning world champion <a href="https://www.thenationalnews.com/tags/max-verstappen/" target="_blank">Max Verstappen</a> holds a sizeable lead over his rivals <a href="https://www.thenationalnews.com/tags/lewis-hamilton/" target="_blank">Lewis Hamilton</a> and teammate George Russell have struggled with reliability issues as Mercedes grappled with the radical new design regulations brought in this term to produce closer racing. But one area where Hamilton does lead his Red Bull rivalry is the salary race. Above is a photo gallery of the drivers in Formula One and their annual salaries for the 2022 F1 season, according to <a href="https://www.spotrac.com/" target="_blank">spotrac</a>, an online sports team and player contract website. To move on to the next image, click on the arrows, or if you're using a mobile device, simply swipe. Lewis Hamilton is by far the best-paid driver in Formula One, with the Mercedes star earning an annual salary of $40 million, according to <a href="http://spotrac.com/" target="_blank">spotrac.com</a>, a reward for his seven world championships. 1. Lewis Hamilton (Mercedes) $40,000,000 2. Max Verstappen (Red Bull) $25,000,000 3= Fernando Alonso (Alpine), $20,000,000 3= Lando Norris (McLaren) $20,000,000 5= Daniel Ricciardo (McLaren) $15,000,000 5=. Sebastian Vettel (Aston Martin) $15,000,000 7. Charles Leclerc (Ferrari) $12,000,000 8= Valtteri Bottas (Alfa Romeo) $10,000,000 8= Carlos Sainz (Ferrari) $10,000,000 8= Lance Stroll (Aston Martin) $10,000,000 11. Sergio Perez (Red Bull) $8,000,000 12. Kevin Magnussen (Haas) $6,000,000 13= Pierre Gasly (Alpha Tauri) $5,000,000 13= Esteban Ocon (Alpine) $5,000,000 13= George Russell (Mercedes) $5,000,000 16. Alexander Albon (Williams) $2,000,000 17= Nicholas Latifi (Williams) $1,000,000 17= Mick Schumacher (Haas) $1,000,000 17= Guanyu Zhou (Alfa Romeo) $1,000,000 20. Yuki Tsunoda (Alpha Tauri) $750,000