F1 drivers salaries.

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Are F1 drivers paid too much?

Yes
23
43%
No
30
57%
 
Total votes : 53

Post Sat Aug 21, 2010 2:25 pm

Neco FEROX wrote:I don't understand why Sebastian Vettel is getting paid 2.2 million euros less than Webber.

I know that Webber's much more experience but Vettel is just as fast.

Also Rosberg only debuted in 2006 and Vettel in 2007 and Rosberg is getting paided a lot more and has been less successful.

I respect all Drivers - Cameron Thistlethwaite
Neco FEROX
 
Joined: 12 Jun 2010

Post Sat Aug 21, 2010 3:04 pm

He's matching Webber too. Also, Red Bull's team should be the most funded anyways so wouldn't that contribute to Web/Vet's salaries? Maybe theirs is much less retainer based and much more bonus (based on results) as compared to other teams (Merc, Ferrari, McL)?
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raymondu999
 
Joined: 4 Feb 2010

Post Sat Aug 21, 2010 4:46 pm

Neco FEROX wrote:I don't understand why Sebastian Vettel is getting paid 2.2 million euros less than Webber.

I know that Webber's much more experience but Vettel is just as fast.

Also Rosberg only debuted in 2006 and Vettel in 2007 and Rosberg is getting paided a lot more and has been less successful.

Because, these are incorrect figures and do not accuratly reflect the true amounts!
gilgen
 
Joined: 3 Apr 2010

Post Sat Aug 21, 2010 5:38 pm

nice to see some other drivers making it to the list
auto saibot
 
Joined: 15 Apr 2010

Post Sat Aug 21, 2010 6:41 pm

GTO wrote:Definitely the top 4 esp. Alonso are paid too much. I view 10M should be a max. Coversely, the bottom 6 are not paid enough...500K should be a min. They are all risking their lives, but so are our soldiers who definitely don't get proper compensation.

No driver is risking his life , certainly, no driver is paid to risk his life.
lotus7
 
Joined: 13 Feb 2010

Post Sat Aug 21, 2010 7:03 pm

Last I checked they were paid to win races and gain points/podiums
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raymondu999
 
Joined: 4 Feb 2010

Post Sat Aug 21, 2010 7:07 pm

Interesting that Rosberg and Schumi share the same salary!

So much for the 20m euro rumours!
More could have been done.
David Purley
JohnsonsEvilTwin
 
Joined: 29 Jan 2010
Location: SU 419113

Post Sat Aug 21, 2010 8:30 pm

I don´t know if this saleries are correct, but anyway for what it is worth (just for giggles :lol: ) here a ranking based on salery/points earned.

So the best bang for your bucks as a team owner if you like. :lol:

Image

In general it´s an supply and demand thing, and will regulate itself at some point. IMHO
I think Suttil is "underpaid" and Trulli is "overpaid" based on there performance, but I don´t have any problems with that.
I think Kimi got the best deal of all, and Ferrari must get a lot out of Alonso - not just it´s driving.
Also interesting the "relative " low pay for Button, as the current WDC -the title does not seem to be worth much - money wise.
"Make the suspension adjustable and they will adjust it wrong ......
look what they can do to a carburetor in just a few moments of stupidity with a screwdriver."
- Colin Chapman

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747heavy
 
Joined: 6 Jul 2010

Post Sat Aug 21, 2010 8:44 pm

another take on the topic, some numbers are slightly different, and some info in regards to the retainer + bonus split.
But I guess only a few people will know the real numbers anyway.

http://www.jamesallenonf1.com/2010/08/h ... iver-earn/
"Make the suspension adjustable and they will adjust it wrong ......
look what they can do to a carburetor in just a few moments of stupidity with a screwdriver."
- Colin Chapman

“Simplicity is the ultimate sophistication.” - Leonardo da Vinci
747heavy
 
Joined: 6 Jul 2010

Post Sun Aug 22, 2010 1:11 pm

747heavy wrote:Also interesting the "relative " low pay for Button, as the current WDC -the title does not seem to be worth much - money wise.

Button's problem was one of timing which is a tad ironic considering his excellent tyre-change timing choices early in the season.

Button changed teams just as everyone was looking to reduce costs. He probably also did the bulk of the deal with McLaren before he'd finally secured the title. Neither were helpful in securing "top dollar" although his fee may be "top dollar" in the current climate of course (barring Ferrari who have access to more money than they can spend as evidenced by their drivers' pay deals).

Hamilton did his deal at the height of the spending market and just as he was showing unusually high rookie performance levels. His timing was, fortunately for him, perfect.

Bascially, "luck of the draw, mate".
Just_a_fan
 
Joined: 31 Jan 2010

Post Mon Aug 23, 2010 10:52 am

I think Brawn offered Button more money than Mclaren too, which says something about how early the deal was done, or just how much he wanted a new challenge.

I know Red Bull work on huge bonuses, really a better way to pay the driver as they know they can get a cool £500K for winning a race or something, I would certainly take more risks!
Felipe Baby!
SiLo
 
Joined: 25 Jul 2010

Post Mon Aug 23, 2010 11:05 am

SiLo wrote:...

I know Red Bull work on huge bonuses, really a better way to pay the driver as they know they can get a cool £500K for winning a race or something, I would certainly take more risks!

That would explain Vettel and Webber crashing out this season. :lol:
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mx_tifoso
 
Joined: 30 Nov 2006
Location: North America

Post Mon Aug 23, 2010 11:31 am

SiLo wrote:I think Brawn offered Button more money than Mclaren too, which says something about how early the deal was done, or just how much he wanted a new challenge.

I know Red Bull work on huge bonuses, really a better way to pay the driver as they know they can get a cool £500K for winning a race or something, I would certainly take more risks!


The Button & Brewn/Mercedes thing was down to length of contract as Brawn/Mercedes were offering 2 years, Button wanted 3. Effectivly McLaren are giving Button £7million a year for 3 years with up to £3million bonus each year, a that is arround £30 million if he wins the WDC each year. He will earn more like £25million in reality. Brawn/Mercedes were offering £8million a year with £5 million bonus each year, whitch if potential was reached, is £28 million with a reality figure of 20million. Take the extra year out of McLaren or add in the extraa year with Mercedes, he could have earnt more by staying put. He didnt, he wanted a fresh challenge at the end of the day and has quite rightly chosen so far. But one wonders how the MGP W01 would have faired with the person it was designed for, one can wonder...

As for Red Bull and STR, they give their drivers the 30% retainer with 70% bonus, Webber gets arround £3million and Vettel gets arround £5million as a base pay with £300,000 and £500,000 for a win respectivly, with half of those figures for a podium and only £50,000 for points finishes. So Red Bull drivers will fight harder than any one else, hence why Webber has 4 wins and Vettel has 2 so far this season. As for STR, they operate on a simmilar system, Buemi and Alguersauri get arround £1.25million retainer with £125,000 for a single points finish and double that for a double points finish. That also explains Jamies more agressive driving stance.

Other discrepencys with that chart is that Petrov gets paid nothing as he paid Renault £8million for his seat. Senna also gets paid nothing as he paid £1million for his seat. De La Rosa paid £1million for his seat as well bue does get paid so is offset effectivly, and Kobiyashai altho gets paid as well, also brings £2.1million of sponsorship with him as well. Sutil brings £4million sponsorship from Medion with him as well, so is offset. So if you take the offsets into concideration, some drivers pay is far less than expected on that chart. And is you also bring into the picture personal sponsorships, like Schumacher and Navy Boot, that also should be taken into concideration. Id have to wait till Sports Pro magazine does its F1 2010 review to get the correct ball park figures, but the above chart is flawed.
ESPImperium
 
Joined: 5 Apr 2008
Location: Glasgow, Scotland

Post Mon Aug 23, 2010 11:38 am

ESPImperium wrote:As for Red Bull and STR, they give their drivers the 30% retainer with 70% bonus, Webber gets arround £3million and Vettel gets arround £5million as a base pay with £300,000 and £500,000 for a win respectivly,

This is a useful indication of why Red Bull senior figures were backing Vettel after Turkey and during Silverstone. They'll look jolly silly if the cheap guy wins the tile in front of the expensive guy! :lol:
Just_a_fan
 
Joined: 31 Jan 2010

Post Mon Aug 23, 2010 12:13 pm

That's called value for money my friend!
Felipe Baby!
SiLo
 
Joined: 25 Jul 2010

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