The sport has been in the news recently, as many fans are disappointed with the lack of changes to the championship.
But it is important to remember that F1 is the pinnacle of the sport and it has to be run as a business.
The fact that the drivers’ contracts are set to expire at the end of this year does not change that.
So what are the drivers earning now?
The figures released by the FIA last week showed that the average F1 driver was earning £4.4 million in 2016.
That was down £1.2 million on the previous year, although the figures for 2017 are still expected to be much higher.
The figure is also down on the £4 million recorded in 2016, but it is up £1 million on last year’s figure.
The drivers’ earnings in 2016 and 2017 were up slightly on 2015, as was the number of races the drivers contested.
The figures are likely to be higher because of the longer season and increased television deals.
Drivers’ salaries are the biggest drivers’ source of income, with Mercedes and Ferrari the two biggest earners.
Ferrari’s Fernando Alonso is the highest paid driver in F1 at £10.5 million, followed by Lewis Hamilton (£8.3 million) and Sebastian Vettel (£7.4 mln).
The figures for 2016 are also up £100 million on 2015 and there is speculation that Ferrari will sign Fernando Alonso as well in 2017.
The number of days a driver has driven for F1 has dropped from 1,611 in 2016 to 906 in 2017, but the figures have been relatively flat from 2015 to 2017.
There are some drivers who have had their days cut short in recent years, such as Carlos Sainz and Daniel Ricciardo, and it is likely that F2 driver Max Verstappen will be part of the next team that is sold.
In 2016, F1’s most valuable driver, Lewis Hamilton, made a total of £1,093,073.
That is down from £1 billion in 2015, but still more than the £7 billion that Sebastian Valtteri Bottas earned in his career.
The gap has also widened between 2016 and 2015.
Mercedes is by far the biggest driver’s employer, earning £5.9 billion in 2016 – up £8.5 billion from 2015.
This was followed by Ferrari (£4.9 million) followed by Mercedes (£3.7 million).
Ferrari are expected to pay out £1bn in 2017 to team owners and the driver’s unions.
Other top earners in 2016 included Ferrari’s Sebastian Voth and Red Bull’s Daniel Richelson, although it is possible that Richelsson may be sold to another team in 2017 as well.
Mercedes also earn a large amount of money from sponsorships, although their biggest earnings came from Vodafone.
The driver who has the most sponsorship money is Ferrari’s Lewis Hamilton.
In 2016, Hamilton earned £1.,5 billion ($2.6 billion) from the car maker, a £2.5m ($3.4m) increase on 2015.
Lewis Hamilton has been the most successful F1 drivers since his debut in 2004, winning the World Championship four times and the Constructors Championship six times.
The Mercedes driver is expected to retire at the start of next year and is likely to have a big role in the next car designs.
He is currently in the midst of a contract extension, which is expected in 2019.
The new Ferrari-powered car is expected, at least in 2018, to be the most powerful and most powerful F1 car ever, with the highest horsepower of any Ferrari-engined car.
Hamilton, who was not involved in the F1 team at the last two years, is the last F1 star to have the car in its current state.
The new Mercedes-powered Mercedes-AMG team is expected next year to compete in the 24 Hours of Le Mans, which will be the first time a F1 manufacturer has raced in a single race.
Mercedes are expected compete in nine races, with a total budget of £13 billion ($20.6bn).
The next-generation Mercedes-Benz GL, which the manufacturer plans to use for the 2018 Formula One season, is expected be the fastest production car of any manufacturer.
Mercedes-Benz, the only other manufacturer to race F1 since 2003, is set to field its cars at the 2018 season in an effort to compete for a new global contract.