Carlos Sainz Jr

Williams, Driver
Age: 30y-3m-25d (Sep 01, 1994)
Country: ES

2025-2026 Free Agent (CURRENT)

Carlos Sainz Jr signed a 2 year contract with the Williams. In 2025, Sainz Jr will earn, while carrying a cap hit of .
Contract Terms:
2 yr(s)
Signing Bonus:
N/A
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2025 31 - - -
2026 32 - - -
Year Age Base Salary Cap Hit
2025 31 - -
2026 32 - -
Year Age Base Salary Cash Total Cash Cumulative Cash Remaining
2025 31 - - - -
2026 32 - - - -
Source: FORMULA 1 contract specifics generally collected from verified reports.

2023-2024 Extension

Carlos Sainz Jr signed a 2 year contract with the Ferrari, including $55 signing bonus, and .
Contract Terms:
2 yr(s)
Signing Bonus:
$55
Free Agent:
2025 / UFA
Year Age Cap HitAnnual Cash Annual Cash Cumulative
2023 29 $14,000,000 $14,000,000 $14,000,000
2024 30 $12,000,000 $12,000,000 $26,000,000
2025 31
UFA
Year Age Base Salary Incentives Likely Cap Hit
2023 29 $12,000,000 $2,000,000 $14,000,000
2024 30 $12,000,000 - $12,000,000
2025 31
UFA
Year Age Base Salary Cash Total Cash Cumulative Cash Remaining
2023 29 $12,000,000 $14,000,000 $14,000,000 -
2024 30 $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 27 $8,000,000 $8,000,000 $8,000,000
2022 28 $10,000,000 $10,000,000 $18,000,000
Year Age Base Salary Cap Hit
2021 27 $8,000,000 $8,000,000
2022 28 $10,000,000 $10,000,000
Year Age Base Salary Cash Total Cash Cumulative Cash Remaining
2021 27 $8,000,000 $8,000,000 $8,000,000 -
2022 28 $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 25 $3,300,000 $3,300,000 $3,300,000
2020 26 $7,000,000 $7,000,000 $10,300,000
2021 27 $3,300,000 $3,300,000 $13,600,000
2022 28
UFA
Year Age Status Base Salary Cap Hit
2019 25 $3,300,000 $3,300,000
2020 26 $7,000,000 $7,000,000
2021 27 $3,300,000 $3,300,000
2022 28
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining
2019 25 $3,300,000 $3,300,000 $3,300,000 -
2020 26 $7,000,000 $7,000,000 $10,300,000 -
2021 27 $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 2025

$44,727,500

Earnings w/ Different Teams

4 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2015 21
Active
$277,500
$277,500
2016 22
Active
$650,000
$927,500
2017 23
Active
$750,000
$1,677,500
2018 24
Active
$750,000
$2,427,500
2019 25
Active
$3,300,000
$5,727,500
2020 26
Active
$7,000,000
$12,727,500
2021 27
Active
$8,000,000
$20,727,500
2022 28
Active
$10,000,000
$30,727,500
2023 29
Active
$14,000,000
$44,727,500
Total      
$44,727,500
$44,727,500
2024 30
Active
$12,000,000
Total
$56,727,500

Earnings Per Team

Years Team Base Incentives Cash Cumulative
3 $1,677,500 - $1,677,500
1 $750,000 - $750,000
2 $10,300,000 - $10,300,000
3 $30,000,000 $2,000,000 $32,000,000
Year Team(s) Age Base Incentives Cash Total Cash Cumulative
2015
21
$277,500
$277,500
$277,500
2016
22
$650,000
$650,000
$927,500
2017
23
$750,000
$750,000
$1,677,500
2018
24
$750,000
$750,000
$2,427,500
2019
25
$3,300,000
$3,300,000
$5,727,500
2020
26
$7,000,000
$7,000,000
$12,727,500
2021
27
$8,000,000
$8,000,000
$20,727,500
2022
28
$10,000,000
$10,000,000
$30,727,500
2023
29
$12,000,000
$2,000,000
$14,000,000
$44,727,500
Total
$42,727,500
$2,000,000
$44,727,500
$44,727,500
2024
30
$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
3 $1,677,500 - $1,677,500
1 $750,000 - $750,000
2 $10,300,000 - $10,300,000
3 $30,000,000 $2,000,000 $32,000,000
  • Jul 29, 2024 Signed a multi-year contract with Williams (WIL) for the 2025 season and beyond
  • 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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