F1 drivers salaries.

[clipsy1H]

i think thats wrong. Im sure its been well documented that Hamilton is on 15M (at mclaren)? and i thought mclaren were pretty strict on endorsements so I can't see he would have 21M worth. If you said 21M with endorsements it would be more understandable.

To my understanding, Alonso is the highest paid

or is this total over the course of a contract 3/4 years?

edit: btw you didn't say its in $. So some is right but i still think Alonso is the highest paid

yes! he is highest paid with 29 millions but with endorsement Button and Lewis get more (that's what forbes say) i also find another link direct to forbes website who say Alonso is highest paid with 32 millions (29S+3E) next is Rossi with 30 millions (17S+13E) and Schumacher 30 millions (20S+10E).... Lewis is placed after them with just 28 Millions (25S+3E) and i think is more accurate 3 million endorsement for Lewis is plausible ---> http://www.forbes.com/pictures/mli45igd ... do-alonso/ (click on arrow go to next photo)

[astracrazy]

yes that sounds more correct

[jdlive]

why is kimi in the list? Im sure he doesnt drive F1 anymore...

Because Ferrari are paying for him not to race this year

Ferrari actually paid him €16 million to not race?

[Websta]

why is kimi in the list? Im sure he doesnt drive F1 anymore...

Because Ferrari are paying for him not to race this year

Ferrari actually paid him €16 million to not race?

He was contracted to race for Ferrari until the end of 2010 - but they wanted Alonso and couldn't cut Massa (not sure about his contract at the time) because of his condition (would be too cold hearted) and he had been outperforming Raikkonen for 2 years anyway. So they had to pay the rest of Raikkonen's contract.

[CHT]

10. Heikki Kovalainen Caterham F1 Team €4m

I am actually surprise that Heikki is paid this much. It will be interesting to see if Caterham will extend his contract after losing 10th place in constructor to Marussia

[strad]

I remember when Phil Hill and Enzo split because Enzo would not pay him more than$10,000 a year..so..Yeah I think they are over paid,,ESPECIALLY today when it's 80% car and 20% or less driver.

[raymondu999]

today when it's 80% car and 20% or less driver.

I disagree with this statement. IMO the DIFFERENCE between the various laptimes (say, on a qualifying lap) is 80% car and 20% driver. But that's because the whole field is so good anyways, that they're all getting very close to the maximum.

Try putting a common janitor in one of the cars - I doubt he'll be within 20% of the laptime that a Vettel or a Hamilton or Alonso sets any time soon.

[strad]

Who said he would be?
The point is, Long gone are the days when a top driver can carry a poor car to the front. Hell Vettel couldn't move the HRT up the table 4 positions. Today more than ever ya gotta have the car..Don't believe me?...Watch next year.

[raymondu999]

Yes - but my point is; these guys are paid those millions for a reason. If you tried to get a driver worth 30,000 a month to do the driving - you still wouldn't be winning much, because the rest of the grid are just too good.

Mind you, for reference - 10,000 in 1962 would have the same buying power as around 75,000 - 76,000 today. Can't give exact figures as I don't have a calculator on me at the moment.

[snoop1050]

certainly overpaid its not like they do hundreds of miles a week on a test track anymore they pretty much turn up on a weekend and go home

[Just_a_fan]

As with all financial issues, they're worth what someone is prepared to pay them. If someone considers Alonso to be worth paying $30m per year then that's what he's worth.

I reckon there's a lot of envy just below the surface in these discussions...

[strad]

As with all financial issues, they're worth what someone is prepared to pay them. If someone considers Alonso to be worth paying $30m per year then that's what he's worth.

I reckon there's a lot of envy just below the surface in these discussions...

On the first part you are of course correct. On the second you're totally wrong.
Of course they should grab as much as some fool will pay, but as with all things F1, it's way over inflated.

[megz]

Post deleted, I done goofed

[Caito]

As with all financial issues, they're worth what someone is prepared to pay them. If someone considers Alonso to be worth paying $30m per year then that's what he's worth.

I reckon there's a lot of envy just below the surface in these discussions...

On the first part you are of course correct. On the second you're totally wrong.
Of course they should grab as much as some fool will pay, but as with all things F1, it's way over inflated.

Offer and demand.

The same that happens with the pay drivers, but backwards.

Someone will pay a lot more to have a driver bring 0.1s because there is still a net positive revenue.


What do you care in paying XX driver 15Mill if it will bring 16Mill to the team.

[Just_a_fan]

What do you care in paying XX driver 15Mill if it will bring 16Mill to the team.

I vaguely remember hearing that most/all of Schuie's salary at Ferrari was actually paid by Marlboro. In effect, he didn't cost Ferrari a penny...