F1 Drivers Salary

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dazmoffman
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F1 Drivers Salary

Post by dazmoffman » 09 Aug 2007, 18:26

Does anybody have a breakdown on driver wages/salary's sponsorship deals plus any bonus's for wins, podiums, finishes etc? i think it would make some interesting reading if any of you have any info?

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iceman1
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Re: F1 Drivers Salary

Post by iceman1 » 10 Aug 2007, 11:24

'The Real Cost of F1' in the March issue of F1 Racing, the magazine listed estimated annual salaries of the 10 highest-paid drivers this season.

1: Kimi Raikkonen, Ferrari, US$51 million
2: Ralf Schumacher, Toyota, US$25 million.
3: Fernando Alonso, McLaren, US$22 million.
4: Jenson Button, Honda, US$18 million.
5: Rubens Barrichello, Honda, US$12 million.
6: Jarno Trulli, Toyota, US$10 million.
7: Felipe Massa, Ferrari, US$8 million.
8: Giancarlo Fisichella, Renault, US$7 million.
9: Mark Webber, Red Bull, US$5 million.
10. Takuma Sato, Super Aguri, US$4.5 million.

The list reflects significant raises for a number of drivers, including Alonso, who made $7.2 million last season, Button, $7.2 million, and Ralf Schumacher, $20.4 million.

Michael Schumacher ended his career at the end of last season as the highest-paid F1 driver ever at US$62.4 million, with at least another US$17 million from personal endorsements and merchandising. That left him second to golfer Tiger Woods (US$100 million) as the top earner in professional sport.

-Drivers managers take between 25 and 40% of their drivers fees.
-Christijan Abers has payed about 12 million € to race at Spyker this season.

phillyred79
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Re: F1 Drivers Salary

Post by phillyred79 » 10 Aug 2007, 15:53

I'm amazed that Ralf Schumacher makes so much... I guess blood is thicker than water.. He ain't no Michael Schumacher..
Alonso should be making Kimi money.. However, I think Kimi is over-paid!

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Re: F1 Drivers Salary

Post by Zack » 10 Aug 2007, 16:52

i don't know what actually truth is but their were few news about BMW offered
Michael Schumacher US$100 million for 2007!!! :@:2
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miurasv
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Re: F1 Drivers Salary

Post by miurasv » 10 Aug 2007, 17:12

Lewis Hamilton is earning roughly $500,000 U.S.
from Mclaren.

I'd like to know what Scott Speed's salary was.

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newtrex
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Re: F1 Drivers Salary

Post by newtrex » 10 Aug 2007, 17:34

wow...

AMAZING salary....

Kimi makes more than twice as alonso,

Sato Makes more money than WDC leader Hamilton

and Ralf makes roughly 50 times more than Hamilton ! ! !

AMAZING ! !
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Re: F1 Drivers Salary

Post by maltafan » 10 Aug 2007, 19:40

phillyred79 wrote:I'm amazed that Ralf Schumacher makes so much... I guess blood is thicker than water.. He ain't no Michael Schumacher..
Alonso should be making Kimi money.. However, I think Kimi is over-paid!
that was the reason why Ralf went to Toyota. They had money to waste.
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Re: F1 Drivers Salary

Post by Zack » 10 Aug 2007, 20:18

maltafan wrote: that was the reason why Ralf went to Toyota. They had money to waste.

then it might be same for kimi & alonso too :p

Takuma Sato, Super Aguri, US$4.5 million :huh:
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iceman1
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Re: F1 Drivers Salary

Post by iceman1 » 10 Aug 2007, 21:03

zack wrote:
maltafan wrote: that was the reason why Ralf went to Toyota. They had money to waste.

then it might be same for kimi & alonso too :p

Ralf made an error when he said he was 3rd best driver. Surely his salary suggests he is the second best driver #Fear

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Re: F1 Drivers Salary

Post by dazmoffman » 10 Aug 2007, 21:21

Wow thanks for the response, its amazing how much you could earn as a driver, i know its dangerous an all that but wow im gonna take my kids to the track.

i would never of thought ralf was on such an earner, i also heard that coultard ownes two hotels in monaco and one in the u.k an lives on a multi million pound yacht in monaco?

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Re: F1 Drivers Salary

Post by Jasko » 10 Aug 2007, 21:26

I think I heard somewhere that Ralf has accepted a *huge* cut of his salary. And I mean huge - IIRC he will earn 4 or 5 times less than what he was supposed to earn. I'll try to find a link for this.

EDIT: OK - I wasn't really accurate. The salary cut will be for 2008, and he will be earning $5M instead of $22M:
http://formula-1.updatesport.com/news/a ... /view.html

dazmoffman
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Re: F1 Drivers Salary

Post by dazmoffman » 10 Aug 2007, 21:32

Jasko wrote:I think I heard somewhere that Ralf has accepted a *huge* cut of his salary. And I mean huge - IIRC he will earn 4 or 5 times less than what he was supposed to earn. I'll try to find a link for this.

EDIT: OK - I wasn't really accurate. The salary cut will be for 2008, and he will be earning $5M instead of $22M:
http://formula-1.updatesport.com/news/a ... /view.html

thats a BIG drop in wages!!

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Silver Shadow
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Re: F1 Drivers Salary

Post by Silver Shadow » 11 Aug 2007, 02:10

What I'd do to be the agent of one of the drivers! 25%-40% of Kimi's wage just for me!
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Re: F1 Drivers Salary

Post by domenico » 11 Aug 2007, 05:27

Ferrari has just screwed McLaren, publicly stating that they wanted to pay 17 million pounds for Hamilton. This was more an effort to make McLaren pay more for him then to actually hire him. The more money they pay for Hamilton the less Mclaren can spend on their car, not that it matters much as it seems they also have Ferrari's engineers working on their car such is the 780 page document advantage.

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maltafan
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Re: F1 Drivers Salary

Post by maltafan » 11 Aug 2007, 13:50

dazmoffman wrote:
Jasko wrote:I think I heard somewhere that Ralf has accepted a *huge* cut of his salary. And I mean huge - IIRC he will earn 4 or 5 times less than what he was supposed to earn. I'll try to find a link for this.

EDIT: OK - I wasn't really accurate. The salary cut will be for 2008, and he will be earning $5M instead of $22M:
http://formula-1.updatesport.com/news/a ... /view.html

thats a BIG drop in wages!!
he should inform his union. :p
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