Ferrari's German driver Sebastian Vettel (R) and Ferrari's Finnish driver Kimi Raikkonen race during the Abu Dhabi Formula One Grand Prix at the Yas Marina circuit on November 29, 2015. AFP PHOTO / KARIM SAHIB / AFP / ANDREJ ISAKOVIC (Photo credit should read ANDREJ ISAKOVIC/AFP/Getty Images)

The world's top Formula One drivers earn a simply staggering amount of money each year!

The 2016 wages for all drivers have been revealed, with Ferrari's Sebastion Vettel the highest paid driver with a record three year deal worth $US150 million.

Full 2016 Fomrula One driver salaries (all salaries in $US):

(source: totalsportek.com)

DRIVER YEARLY SALARY CONTRACT
Sebastian Vettel (Ferrari) $50 million (£33.4m) guaranteed in first year, Basic $30m a year plus bonuses afterwards 3 Years Deal (2015-17)
Fernando Alonso (McLaren) Max $40 million a year including all bonuses 2 Year Deal (2015-17)
Lewis Hamilton (Mercedez) $31 million a year (£20.9m) basic salary plus performance bonuses upto $10m a year new 3 year deal
Kimi Raikonen (Ferrari) Took a big pay-cut with guaranteed $7 million plus performance bonuses of max $10 million Signed 1 year extension for 2016
Nico Rosberg (Mercedez) Combined $55 million (£43m) across the three years 3 Year Deal (2015-17)
Janson Button (McLaren) $11.6 million a year (£8m a year) Signed 1 year extension for 2016
Felipe Massa (Williams) $4.45 million a year (£3m) 1 year extension for 2016
Nico Hulkenberg (Force India) $4 million a year (£2.75m) Signs 2 year extension till 2017
Daniel Ricciardo (Red Bull) Re-negotiated financial terms with improved $5.5 million a year (£3.7m) guaranteed salary plus bonuses Reportedly 2016 is last year on current contract
Sergio Perez (Force India) $3.2 million a year (£2.2m) multi-year deal
Romain Grosjean (HAAS F1) Signed one year deal with HAAS F1 worth $3.2 million a year (£2.2m) Signs 1 Year Deal with Haas F1
Pastor Maldonado (Renault) $3.2 million a year (£2.2m) Signs 1 year deal with Renault for 2016 season
Valtteri Bottas (Williams) Signs 1 year extension tripling his yearly salary to $3.3 million (£2.27m) a year New 1 year deal to keep him at Williams For 2016
Daniil Kvyat (Red Bull) earns $750k a year but hopeful for a new deal before 2016 season unspecified period
Max Verstappen (Toro Rosso) Has a multi-year contract with Red Bull spent 2015 on loan at Torro Rosso earning $512k a year Multi-year contract with Red Bull (loaned to torro rosso)
Carlos Sainz (Toro Rosso) $370k a year
Marcus Ericsson (Sauber) $185k a year
Felipe Nasr  (Sauber) $185k a year