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Overview: How is the F1 2023 driver market shaping up?

by Motorsport Week
3 months ago
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Overview: How is the F1 2023 driver market shaping up?

(L to R): Carlos Sainz Jr (ESP) Ferrari and Lando Norris (GBR) McLaren on the drivers parade. Monaco Grand Prix, Sunday 29th May 2022. Monte Carlo, Monaco.

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Formula 1 2023 is gradually inching ever closer so where does the upcoming ‘silly season’ stand at its current stage?

Mercedes: George Russell joined on a long-term deal for 2022 after spending several years affiliated to the manufacturer. Seven-time champion Lewis Hamilton signed a two-year deal, covering 2022 and 2023, in mid-2021.

Red Bull Racing: Max Verstappen signed a six-year extension to his existing deal off the back of his 2021 title triumph, securing him to the team through 2028. Sergio Perez agreed a two-year deal, covering 2023 and 2024, after his Monaco Grand Prix win.

Ferrari: Charles Leclerc signed a long-term deal through 2024 following his first season in red in 2019, making 2022 year three of five, while Carlos Sainz agreed a two-year extension through 2024 earlier this season.

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McLaren: Lando Norris has a deal in place that will see him at the team through 2025, while next year, he will be joined by rookie Oscar Piastri, who replaces Daniel Ricciardo. Ricciardo leaves the team amid a period of underwhelming results.

Alpine: Esteban Ocon is contracted through 2024, while two-time champion Fernando Alonso will leave at the end of the season to join Aston Martin. After missing out on Oscar Piastri, Alpine recruited Pierre Gasly from AlphaTauri, who released him from a 2023 contract.

AlphaTauri: Yuki Tsunoda has been confirmed for the 2023 season, while earlier in the year, Pierre Gasly was also announced for the 2023 campaign. However, the squad released Gasly to Alpine, and opted to sign Nyck de Vries in his place.

Aston Martin: Alonso will join on a multi-year deal in place of the retiring Sebastian Vettel, while Lance Stroll has a relatively safe seat at the squad owned and controlled by his father, and has been confirmed for 2023.

Williams: Alexander Albon will stay on a multi-year deal after joining in advance of the 2022 season. Nicholas Latifi will depart the team, and will be replaced by Logan Sargeant, if he acquires his F1 Super Licence at the end of the Formula 2 campaign.

Alfa Romeo: Valtteri Bottas joined for 2022 on a multi-year deal believed to cover three seasons. Zhou Guanyu, who is currently the only rookie in the field, will stay with the team in 2023, with the contract extension announced ahead of September’s Singapore Grand Prix.

Haas: Kevin Magnussen’s surprise last-minute deal for 2022 came with a multi-year deal. He will be joined next year by Nico Hulkenberg, with Haas opting to drop Mick Schumacher after two seasons.

TeamNationalityDriversContracted
Red Bull
Max Verstappen
Sergio Perez
2028
2024
Ferrari
Charles Leclerc
Carlos Sainz
2024
2024
Mercedes
Lewis Hamilton
George Russell
2023
Multi-Year
Alpine
Esteban Ocon
Pierre Gasly
2024
Multi-Year
McLaren
Lando Norris
Oscar Piastri
2025
Multi-Year
Alfa Romeo
Valtteri Bottas
Zhou Guanyu
Multi-Year
2023
Aston Martin
Fernando Alonso
Lance Stroll
Multi-Year
Ongoing
Haas
Kevin Magnussen
Nico Hulkenberg
Multi-Year
2023
AlphaTauri
Yuki Tsunoda
Nyck de Vries
2023
2023
Williams
Alexander Albon
Logan Sargeant
Multi-Year
2023

*Sargeant will race for Williams provided he acquires a Super Licence at the end of 2022

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