F1 driver salaries

Bluewolf · 22 Jun 2007, 08:46 (Ref:1944009)

Does anyone know the range of driver salaries in F1, from highest to lowest???

Armco Bender · 22 Jun 2007, 08:56 (Ref:1944024)

You thinking of applying for the job?

Super Hans · 22 Jun 2007, 09:22 (Ref:1944047)

Quote:

Originally Posted by Bluewolf

Does anyone know the range of driver salaries in F1, from highest to lowest???

Using my own innaccurate guesswork...

I think Kimi is the highest with an approx $50m retainer, whilst the likes of Albers and Sutil probably won't be salaried. They'll receive an agreed cut of their sponsorship monies instead, which will probably be in the region of $200 - 300k.

Armco Bender · 22 Jun 2007, 09:24 (Ref:1944049)

Lewis Hamilton,blank cheque..insert figures....

Dutton · 22 Jun 2007, 09:26 (Ref:1944052)

I would think he is currently on a fairly modest salary.

NEXT year, OTOH, well, that will probably be quite a bit more respectable.

MrTTraces · 22 Jun 2007, 10:24 (Ref:1944087)

I think Lewis is on something like £250,000 plus all the free Hugo Boss clothes and TAG watches he could wish for.

Ralf is on something daft like $18Million.

Rockmunky · 22 Jun 2007, 11:17 (Ref:1944131)

Yup, Lewis' isn't as much as the rest of the grid. But as you say, freebies too.
But, as Dutton says, next year, i feel he'll be asking for a little more.

Super Hans · 22 Jun 2007, 11:21 (Ref:1944135)

Quote:

Originally Posted by MrTTraces

Ralf is on something daft like $18Million.

I think that says more about Willi Weber's abilities than Ralf's, to be honest.

flying finn · 22 Jun 2007, 11:35 (Ref:1944147)

'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.

steve nielsen · 22 Jun 2007, 11:43 (Ref:1944160)

A Dutch F1 magazine stated Christijan Abers has payed about 12 million € to race at Spyker this season.

Super Hans · 22 Jun 2007, 12:02 (Ref:1944179)

Quote:

Originally Posted by steve nielsen

A Dutch F1 magazine stated Christijan Abers has payed about 12 million € to race at Spyker this season.

Yes, but it will be money provided by his backers, rather than out of his own pocket.

Pingguest · 22 Jun 2007, 12:06 (Ref:1944187)

Quote:

Originally Posted by Super Hans

Yes, but it will be money provided by his backers, rather than out of his own pocket.

Indeed. In fact, he still get payed to drive.

Mr V · 22 Jun 2007, 12:11 (Ref:1944190)

Quote:

Originally Posted by Dutton

I would think he is currently on a fairly modest salary.

NEXT year, OTOH, well, that will probably be quite a bit more respectable.

I wonder if Lewis's contract and pay is already set for next season? We could, theoretically have a lowly paid (in comparison) WDC on the grid next season.

MonkeyDeath · 22 Jun 2007, 12:11 (Ref:1944192)

it makes me laugh that raikkonen gets $45m more than Massa and mass is trouncing him on points.

to go off on a slight tangent Jeremy clarkson had a good idea IMO pay all the drivers $50k a year and then every time they make a proper on track over taking manouver for position get $1m, then you'll see more over taking. i like that idea

MonkeyDeath · 22 Jun 2007, 12:13 (Ref:1944193)

Quote:

Originally Posted by Rockmunky

Yup, Lewis' isn't as much as the rest of the grid. But as you say, freebies too.
But, as Dutton says, next year, i feel he'll be asking for a little more.

on the radio yesterday he said he has been givem a Merc 420 GL and that he is hankering for the bigger engined one.

thats a nice perk

koper · 22 Jun 2007, 12:38 (Ref:1944227)

Quote:

Originally Posted by Pingguest

Indeed. In fact, he still get payed to drive.

I read somewhere that his father is quite wealthy and have 40% shares in Spyker, however I'm not too sure about that info. But if so you could be right.

Money for fun + some pocket money

amier · 22 Jun 2007, 13:43 (Ref:1944286)

Why is DC getting paid less than Webber? It should be the other way around..

steve nielsen · 22 Jun 2007, 15:40 (Ref:1944347)

His father in law( has some shares in Spyker, but certainly not 40%, much less.

one of the biggest shareholders is Mubadala(the company that also owns part of Ferrari) and the other big shareholder is Jan Mol, the father of the F1 teams CEO Michel Mol.

f1manoz · 22 Jun 2007, 18:08 (Ref:1944443)

How Ralf Schumacher managed to get a contract for £25 million is beyond me.

Dutton · 22 Jun 2007, 18:08 (Ref:1944444)

Talented managerial teams.

Knowlesy · 22 Jun 2007, 18:17 (Ref:1944454)

Quote:

Originally Posted by MonkeyDeath

it makes me laugh that raikkonen gets $45m more than Massa and mass is trouncing him on points.

to go off on a slight tangent Jeremy clarkson had a good idea IMO pay all the drivers $50k a year and then every time they make a proper on track over taking manouver for position get $1m, then you'll see more over taking. i like that idea

Unfortunately, Clarkson does not understand motor racing. He is a "casual" who watches for the crashes.

And his statements aren't always 100% serious anyways, his style is very much based on exaggeration (we like it that way!).

Dutton · 22 Jun 2007, 18:20 (Ref:1944456)

He's an entertainer, basically. I've never been particularly aware of him making claims of journalistic integrity.

**chunterer** · 22 Jun 2007, 18:22 (Ref:1944457)

So Ralfie made an error when he said he was 3rd best driver. Surely his salary suggests he is the second best driver?

Dutton · 22 Jun 2007, 18:29 (Ref:1944467)

He was clearly downplaying his salary. Humble guy.

Knowlesy · 22 Jun 2007, 18:32 (Ref:1944469)

I think he has gone up in all our estimation.

What a gentleman.

Of course, it is not Ralf who decides his wage!

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Drivers's Salaries	Led ZeppF1	Formula One	71	9 Aug 2005 23:58
Why aren't F1 Salaries public record like NASCAR'S?(renamed)	Osella	Formula One	17	15 Jul 2002 10:58
drivers salaries	nreed	Touring Car Racing	6	11 Feb 2002 14:58