F1 pay scale...

[steve_spackman]

Whats the annual pay for a F1 driver? I know some guys pay for their seats but surely they in turn get a slice of that pie?

[Duchess]

Crash.net answered this question a couple months ago: http://www.crash.net/f1/news/162562/1/f1_2010_driver_salaries_revealed__who_earns_most.h tml


1. Fernando Alonso Ferrari €30m 5th
2. Lewis Hamilton McLaren-Mercedes €16m 2nd
3. Kimi Raikkonen Ferrari €16m N/A
4. Felipe Massa Ferrari €14m 6th
5. Jenson Button McLaren-Mercedes €9m 4th
6. Michael Schumacher Mercedes Grand Prix €8m 9th
7. Nico Rosberg Mercedes Grand Prix €8m 7th
8. Robert Kubica Renault F1 €7.5m 8th
9. Rubens Barrichello Williams F1 €5.5m 11th
10. Mark Webber Red Bull Racing €4.2m 1st
11. Jarno Trulli Lotus Racing €3m 19th=
12. Sebastian Vettel Red Bull Racing €2m 3rd
13. Heikki Kovalainen Lotus Racing €2m 19th=
14. Timo Glock Virgin Racing €1m 19th=
15. Nico Hülkenberg Williams F1 €700,000 15th
16. Pedro de la Rosa Sauber €500,000 17th
17. Kamui Kobayashi Sauber €500,000 12th=
18. Vitaly Petrov Renault F1 €400,000 12th=
19. Jaime Alguersuari Scuderia Toro Rosso (http://www.crash.net/f1/team_profile/9/scuderia_toro_rosso.html) €400,000 18th
20. Sébastien Buemi Scuderia Toro Rosso (http://www.crash.net/f1/team_profile/9/scuderia_toro_rosso.html) €400,000 16th
21. Adrian Sutil Force India F1 €200,000 10th
22. Vitantonio Liuzzi Force India F1 €200,000 14th
23. Lucas Di Grassi Virgin Racing €200,000 19th=
24. Bruno Senna Hispania Racing €150,000 19th=
25. Karun Chandhok Hispania Racing €Nil 19th=
26. Sakon Yamamoto Hispania Racing €Nil 19th =

The far right number is their championship position comparative to their salary.

[call_me_andrew]

Whats the annual pay for a F1 driver? I know some guys pay for their seats but surely they in turn get a slice of that pie?

Usually a driver gets a sponsor, the sponsor pays the driver, and the driver pays the team.

[waitey]

Usually a driver gets a sponsor, the sponsor pays the driver, and the driver pays the team.

Exactly. The driver has to have some income. He can't just fly around the world not having a job and spending money on numerous flights and hotels.

Most likely situation is a driver doesn't offer up all the sponsorship money they have, basically keeping some hidden for personal income. E.g Maldonado could be offering 15 mil to Williams but have 500k spare to use as income.

Or a driver could offer up everything they have and negotiate a base salary from that. E.g offer 8 mil in sponsorship, receive a base salary of 1 million and bonus $$ for every point scored.

A driver must receive something in return at that level of the sport, even it is a small percentage. The simple fact they don't have time for another job and have to spend so much on travel means they need income.

[RJL25]

Clearly Red Bull is getting the best value for money out of their drivers.

It's interesting that Williams refused Webbers salary a couple of years ago because of Sir Frank's hesitency to pay drivers very much money, he is ofcourse the man who let two reining world champions go over money (Hill and Mansell) but now he is in a position where he is paying Ruebens MORE then what Webber is getting, and seriously who is getting better value for money there? Williams or Red Bull?