Kimi third in F1 salaries

The 2007 world champion's bumper pay-off from Ferrari amounts to a £13.1 million salary this season, just over half the £24.6m picked up by the man who replaced him, double champion Fernando Alonso.

Alonso is fifth in the current World Championship.

Briton Lewis Hamilton, the champion in 2008, is second and also on £13.1m, according to a report in El Mundo.

His compatriot and McLaren team-mate Jenson Button will earn £7.4m over the course of the year after jumping ship from Brawn GP, now the Mercedes factory squad, in the winter. He is fifth in the list, behind Ferrari's Felipe Massa (£11.5m) despite his status as reigning world champion.

Seven-times title winner Michael Schumacher is being paid £6.6m on his return to the top flight, the same as Mercedes team-mate Nico Rosberg.

Surprisingly championship leader Mark Webber comes in at 10th - his salary is £3.5m - while highly-rated team-mate and title hopeful Sebastian Vettel will only see £1.6m basic for his work this season, an amount which puts him 12th in the 26-man list.

However both Red Bull drivers are understood to be on substantial bonuses for race victories, of which Webber has recorded four and Vettel two so far this season.

Behind Ferrari (£49.1m) and McLaren (£20.5m) in the teams' driver spend are Mercedes (£13.1m), Renault (£6.5m), Red Bull and Williams (both £5.1m).

Hispania Racing offer the lowest salaries by some distance, with just £123,000 outgoing from their accounts for that purpose.

Bruno Senna, who picks up that £123,000 - other drivers Karun Chandhok and Sakon Yamamoto are not paid - earns roughly 200 times less than Spaniard Alonso.

1. Fernando Alonso (Ferrari) £24.6m

2. Lewis Hamilton (McLaren) £13.1m

3. Kimi Raikkonen (Ferrari) £13.1m

4. Felipe Massa (Ferrari) £11.5m

5. Jenson Button (McLaren) £7.4m

6. Michael Schumacher (Mercedes GP) £6.6m

7. Nico Rosberg (Mercedes GP) £6.6m

8. Robert Kubica (Renault) £6.2m

9. Rubens Barrichello (Williams) £4.5m

10. Mark Webber (Red Bull) £3.4m

11. Jarno Trulli (Lotus) £2.5m

12. Sebastian Vettel (Red Bull) £1.6m

13. Heikki Kovalainen (Lotus) £1.6m

14. Timo Glock (Virgin) £820,000

15. Nico Hülkenberg (Williams) £573,000

16. Pedro de la Rosa (Sauber) £410,000

17. Kamui Kobayashi (Sauber) £410,000

18. Vitaly Petrov (Renault) £328,000

19. Jaime Alguersuari (Toro Rosso) £328,000

20. Sébastien Buemi (Toro Rosso) £328,000

21. Adrian Sutil (Force India) £164,000

22. Vitantonio Liuzzi (Force India) £164,000

23. Lucas Di Grassi (Virgin) £164,000

24. Bruno Senna (Hispania) £164,000

25. Karun Chandhok (Hispania) Nil

26. Sakon Yamamoto (Hispania) Nil

1. Ferrari £49.1m

2. McLaren £20.5m

3. Mercedes GP £13.1m

4. Renault £6.5m

5. Red Bull £5.1m

6. Williams £5.1m

7. Lotus £4.1m

8. Virgin £983,000

9. Sauber £819,000

10. Toro Rosso £655,000

11. Force India £328,000

12. Hispania £123,000