Carlos Sainz Jr

Ferrari, Driver
Age: 30-92d (Sep 01, 1994)
Country: ES

2025-2025 Free Agent (UPCOMING EXTENSION)

Carlos Sainz Jr signed a 1 year contract with the Williams.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2025 30 - - -
Year Age Base Salary Cap Hit
2025 30 - -
Year Age Base Salary Cash Total Cash Cumulative
2025 30 - - -
Source: FORMULA 1 contract specifics generally collected from verified reports.

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 Cap HitAnnual Cash Annual Cash Cumulative
2023 28 $14,000,000 $14,000,000 $14,000,000
2024 29 $12,000,000 $12,000,000 $26,000,000
2025 30
UFA
Year Age 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 Base Salary Cash Total Cash Cumulative
2023 28 $12,000,000 $14,000,000 $14,000,000
2024 29 $12,000,000 $12,000,000 $26,000,000
Contract Notes
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 Cap HitAnnual Cash Annual Cash Cumulative
2021 26 $8,000,000 $8,000,000 $8,000,000
2022 27 $10,000,000 $10,000,000 $18,000,000
Year Age Base Salary Cap Hit
2021 26 $8,000,000 $8,000,000
2022 27 $10,000,000 $10,000,000
Year Age Base Salary Cash Total Cash Cumulative
2021 26 $8,000,000 $8,000,000 $8,000,000
2022 27 $10,000,000 $10,000,000 $18,000,000

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 Status Cap HitAnnual Cash Annual 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 $3,300,000 $3,300,000 $13,600,000
2022 27
UFA
Year Age Status Base Salary Cap Hit
2019 24 $3,300,000 $3,300,000
2020 25 $7,000,000 $7,000,000
2021 26 $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 $3,300,000 $3,300,000 $13,600,000
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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Seasons

Years

Career Earnings thru 2024

$0

Earnings w/ Different Teams

0 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2015 20
Active
$277,500
2016 21
Active
$650,000
2017 22
Active
$750,000
2018 23
Active
$750,000
2019 24
Active
$3,300,000
2020 25
Active
$7,000,000
2021 26
Active
$8,000,000
2022 27
Active
$10,000,000
2023 28
Active
$14,000,000
2024 29
Active
$12,000,000
Total
$56,727,500

Earnings Per Team

Years Team Base Incentives Cash Cumulative
Year Team(s) Age Base Incentives Cash Total Cash Cumulative
2015
20
$277,500
$277,500
2016
21
$650,000
$650,000
2017
22
$750,000
$750,000
2018
23
$750,000
$750,000
2019
24
$3,300,000
$3,300,000
2020
25
$7,000,000
$7,000,000
2021
26
$8,000,000
$8,000,000
2022
27
$10,000,000
$10,000,000
2023
28
$12,000,000
$2,000,000
$14,000,000
2024
29
$12,000,000
$12,000,000
Total
$54,727,500
$2,000,000
$56,727,500

Earnings Per Team

Years Team Base Incentives Cash Cumulative
  • Jul 29, 2024 Signed a contract with Williams (WIL) for the 2025 season
  • Apr 21, 2022 Signed a 2 year contract extension with Ferrari (FER)
  • Aug 01, 2020 Signed a 2 year contract with Ferrari (FER)
  • Aug 16, 2018 Signed a 3 year contract with McLaren
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