PrettyBoy22
Oct 29 2009, 10:12
QUOTE (intelligentsia @ Oct 28 2009, 23:22)

Who says that Kimi is asking the same amount of Mclaren? This is just a list of what drivers supposedly earned, it really hasn't got anything to do with negotiations between Kimi and Mclaren.

True, but one would presume he isn't looking for a paycut in negotiations for next year, whoever he is talking with!
craftverk
Oct 29 2009, 10:22
QUOTE (Tomerell @ Oct 29 2009, 09:53)

The one who is asking is not the stupid one, it's the one paying what is asked.
His salary must be based on something, that the one who is paying beleaves to create even more value, WDC for example...
And be honest and say you didn't try to get as much money from your employer as possible

His salary was based off of the media hype around him back in 2005.
Galko877
Oct 29 2009, 10:34
Kimi for 45m vs. Massa for 8m. For the same performance.
Any more questions on why Kimi was fired and not Massa?
Tomerell
Oct 29 2009, 10:37
QUOTE (craftverk @ Oct 29 2009, 14:22)

His salary was based off of the media hype around him back in 2005.

Well as I said, his salary based on something Ferrari believed will create them even more value... And it did create their latest WDC and WCC...
If you think Ferrari was stupid to pay what they did, then it is your opinnion, but you did not loose any money in the process either
Tomerell
Oct 29 2009, 10:40
QUOTE (Galko877 @ Oct 29 2009, 14:34)

Kimi for 45m vs. Massa for 8m. For the same performance.
Any more questions on why Kimi was fired and not Massa?
I know Kimi was payed more than Massa, but the difference is never that huge. If it is I think Massa should hire new management agency
QUOTE (Tomerell @ Oct 29 2009, 14:40)

I know Kimi was payed more than Massa, but the difference is never that huge. If it is I think Massa should hire new management agency

Robertsons seems to be worth every penny. Not very good management from Nicolas Todt, even though he could negotiate with Jean.
slideways
Oct 29 2009, 10:52
QUOTE (dank @ Oct 28 2009, 21:50)

Webber extended his two-year contract for this season back in summer 2008 and negotiated a decent package (more than the £3.25m he was on at the time), this before Red Bull signed Vettel who was on peanuts at Toro Rosso. They (Red Bull) offered him more, but not a significant amount.
I heard the $8 million figure thrown around for Webber, not sure about Vettel.
Galko877
Oct 29 2009, 11:01
QUOTE (Tomerell @ Oct 29 2009, 12:40)

I know Kimi was payed more than Massa, but the difference is never that huge. If it is I think Massa should hire new management agency

Although Massa at least kept his seat at Ferrari....
dabrasco
Oct 29 2009, 11:04
Raikonnen should drive for free for the next 3 years , or the new employers should pay Ferrari.... cos he is absolutely raping them
Ramses1348
Oct 29 2009, 11:09
QUOTE (Galko877 @ Oct 29 2009, 12:01)

Although Massa at least kept his seat at Ferrari....
But under a new team director (called F.A.), who will make sure that the team gathers around the other driver (called F.A.), that the car development (under the guidance of F.A.) is suiting the other driver more, that the motivation (thanks to the team's new pshychiatrist F.A.) of the team is to have the other driver succeeding
Poor Felipe
Jimisgod
Oct 29 2009, 11:15
QUOTE (slideways @ Oct 29 2009, 21:52)

I heard the $8 million figure thrown around for Webber, not sure about Vettel.
I can see why he supported Flavio then, that's some fairly serious money.
For one Kimi, Ferrari could have 5.625 Massas. And even after Massa out-performed him most of 2008

For that kind of money I'd expect Kimi to win the Championship twice a year.
QUOTE (slideways @ Oct 29 2009, 10:52)

I heard the $8 million figure thrown around for Webber, not sure about Vettel.
Which is what I've heard several times and is about £4m if my currency converting skills are not too rusty. I'm lead to believe Vettel's on £2.5m which is likely to increase year-on-year.
kosmos
Oct 29 2009, 11:29
Kimi salary is retarded or maybe Ferrari is retarded for paying that. But, hey, congrats Kimi and manager.
craftverk
Oct 29 2009, 11:34
QUOTE (Tomerell @ Oct 29 2009, 10:37)

Well as I said, his salary based on something Ferrari believed will create them even more value... And it did create their latest WDC and WCC...
If you think Ferrari was stupid to pay what they did, then it is your opinnion, but you did not loose any money in the process either

Ferrari
believed, now they don't
believe anymore.
Bouncing Pink Ball
Oct 29 2009, 14:03
A few folks at the top of the list are obscenely over-payed...no person is worth that amount of money. No one.
The listed salary for Kimi looks insane (congrats to his management team on knowing how to sell hype to the highest bidder!) but I imagine certain others are earning more than what's shown. I can't think that name drivers like, for instance, the two guys right beneath him, are gapped by that much, especially considering their substantial marketing value to sponsors. If Kimi really is earning that many millions more per season, then their management has a lot to answer for.
Alfisti
Oct 29 2009, 15:05
QUOTE (Bouncing Pink Ball @ Oct 29 2009, 17:03)

A few folks at the top of the list are obscenely over-payed...no person is worth that amount of money. No one.
Rubbish. if you generate revenue you are worth the pay.
Magnus
Oct 29 2009, 15:05
QUOTE (midgrid @ Oct 28 2009, 21:23)

Apologies if there's already a thread for this (I searched and couldn't find one), but I just found this list of 2009 F1 driver salaries, compiled by Tom Rubython (of BusinessF1 and Ayrton Senna biography fame). It makes for interesting reading!
Full list of F1 2009 driver salaries:
1. Kimi Raikkonen $45m
2. Lewis Hamilton $18m
3. Fernando Alonso $15m
If these numbers are true then kimi and his managers have pulled the biggest scam in the history of sport. Its just unbeleivable that this gang could fool so many into thinking they are worth such an absurd amount of money considering their record. Kimi's contract was created in 2006 wasnt it? When he was not even a wc and had only won 8 races? What a scam. Ferrari really got played.
KWSN - DSM
Oct 29 2009, 15:45
It is common knowledge that Kimi's balloon payment from McLaren was Usd 50 million, and this is when McLaren thought they could drop the option, and keep him cheaper.
Ferrari walked in and said.
Usd 45 and you have a car.
Reason for Kimi's high pay, is how good a contract McLaren gave him initially.
RodrigoL
Oct 29 2009, 15:49
QUOTE (Magnus @ Oct 29 2009, 15:05)

If these numbers are true then kimi and his managers have pulled the biggest scam in the history of sport. Its just unbeleivable that this gang could fool so many into thinking they are worth such an absurd amount of money considering their record. Kimi's contract was created in 2006 wasnt it? When he was not even a wc and had only won 8 races? What a scam. Ferrari really got played.
In the end, he delivered their first WDC in 3 years. We'll see if all the trouble of hiring Alonso will be worth it.. he won't be far from Kimi's alleged salary either...$35m is the word.
THE "driverider"
Oct 29 2009, 15:50
What about Nelson Piquet jr?
Birelman
Oct 29 2009, 16:57
I wonder about Nico's salary at Brawn next year, if he's making so much now, then, he will surely have to take a pay cut to drive for Brawn who is insisting in not even paying well for their new World Champion.
QUOTE (Galko877 @ Oct 29 2009, 10:34)

Kimi for 45m vs. Massa for 8m. For the same performance.
Any more questions on why Kimi was fired and not Massa?
Yes because that makes so much sense. Next season Ferrari is paying Kimi that 45M PLUS around 15-25M extra for breaking the contract.
currupipi
Oct 29 2009, 17:31
QUOTE (TailG @ Oct 29 2009, 18:21)

Yes because that makes so much sense. Next season Ferrari is paying Kimi that 45M PLUS around 15-25M extra for breaking the contract.
i imagine kimi negotiated his leaving, but i doubt very much he is being paid full salary plus half
QUOTE (Birelman @ Oct 29 2009, 17:57)

I wonder about Nico's salary at Brawn next year, if he's making so much now, then, he will surely have to take a pay cut to drive for Brawn who is insisting in not even paying well for their new World Champion.
Its a good point. However Button supposedly wants his previous salary (we cant say whether thats true or not because we are not himself or his management). His previous salary would be $14-$16mill I believe.
Birelman
Oct 29 2009, 17:50
QUOTE (PNSD @ Oct 29 2009, 18:43)

Its a good point. However Button supposedly wants his previous salary (we cant say whether thats true or not because we are not himself or his management). His previous salary would be $14-$16mill I believe.
Yeah, the question is, will he get that much? and if so, what will Rosberg get, right? Can't very well pay Rosberg more than the current World CHampion. Well, I guess they could.
It's pretty interesting, but, maybe not as big a story as Kimi's stuff lol
Atreiu
Oct 29 2009, 17:59
QUOTE (THE @ Oct 29 2009, 13:50)

What about Nelson Piquet jr?
IIRC, US$ 500.000,00
EthanM
Oct 29 2009, 18:05
QUOTE (Atreiu @ Oct 29 2009, 17:59)

IIRC, US$ 500.000,00
I think Briatore had said that in 2008 Piquet was paid 1.5m and he dropped that to 1m in 2009 (and used that as corroboration that he didn't know anything with regards to Piquet crashing in Sing ... like would I reduce his salary if I had asked him to crash the car, something like that)
Here's an interesting read by former F1 Racing writer Stuart Codling on the whole driver salary situation:
http://www.sidepodcast.com/2009/10/29/of-d...and-other-guff/QUOTE
I can’t be sure of the reasons for composing this salary list, apart from PR for some enterprise or other, but for my money the majority of it is based on hearsay and guesstimation. What a shame that thanks to an epidemic of unthinking cutting-and-pasting it’ll soon be taken as fact. I’ll bet it’s on Wikipedia already…
QUOTE (Alfisti @ Oct 28 2009, 21:51)

I am staggered at Ferarri's stupidity, Kimi never had the character to offer himn that kind of money. That's laughable and I said it when he was signed, when he was re-signed and now lookin gback.
Idiots, who answers for throwing away the best part of $100M?
IMHO Rosberg was atad over paid as well.
Do Ferrari pay or their sponsor? If it doesn't come out of the team's budget, why should they care - other than that it might cause Massa to stew?
Melbourne Park
Oct 29 2009, 18:36
QUOTE (THE @ Oct 30 2009, 02:50)

What about Nelson Piquet jr?
Who?
What?
Never Happened ...
Wasn't it Philip Morris who used to pay Ferrari drivers' salaries. So a lot of Marlboro money to Kimi
billm99uk
Oct 29 2009, 23:28
QUOTE (intelligentsia @ Oct 28 2009, 23:00)

Figures according to Sports illustrated with endorsements:
Raikkonen - 40 100 million
Alonso - 35 million
Hamilton - 32 800 million
Button - 21 100 million
http://sportsillustrated.cnn.com/more/spec...9/index.20.htmlOh well, look on the bright side, at least Kimi wins the odd race once in a while, unlike America's #1 talent according to SI:
Dale Earnhardt Jnr. - $26 611 290
V8 Fireworks
Oct 30 2009, 00:06
QUOTE (billm99uk @ Oct 29 2009, 23:28)

Oh well, look on the bright side, at least Kimi wins the odd race once in a while, unlike America's #1 talent according to SI:
Dale Earnhardt Jnr. - $26 611 290
But he's famous and a good guy

Not his fault they cut down force by heaps (so much that nationwide cars with 200 hp less were nearly quicker at some tracks, until there was some adjustments!? is that right) and made the cars somewhat undrivable in his style.
I always thought that drivers salaries should be the inverse to the quality of the car.
It takes no great skill to win from pole in the fastes car, while it takes lots of skill and effort to do well in poor machinery.
All drivers claim that they want to win and that they want to be in a fast car.
That implies that they should almost drive for free in a top team and demand a kings ransom for driving a PoS.
After all, it is the car that will make the champion.
billm99uk
Oct 30 2009, 17:27
QUOTE (V8 Fireworks @ Oct 30 2009, 00:06)

But he's famous and a good guy

Not his fault they cut down force by heaps (so much that nationwide cars with 200 hp less were nearly quicker at some tracks, until there was some adjustments!? is that right) and made the cars somewhat undrivable in his style.
Ah, the Finnish excuse
BMW_F1
Oct 30 2009, 17:43
that excuse can't fly in the nascar world where all the cars are identical and each driver has a dedicated team working on his car setup 100 %. You don't have the split resource problem that you have in f1. Jr. Has gone through 2 different crew chiefs and tge results are the same however he does seem to be the unluckiest driver of the team with alll the mech failures.
QUOTE (BMW_F1 @ Oct 30 2009, 17:43)

that excuse can't fly in the nascar world where all the cars are identical and each driver has a dedicated team working on his car setup 100 %. You don't have the split resource problem that you have in f1. Jr. Has gone through 2 different crew chiefs and tge results are the same however he does seem to be the unluckiest driver of the team with alll the mech failures.
Doesn't each driver in F1 have their own engineer/ mechanics
rookie
Oct 31 2009, 03:56
OK obviously 09 figures are just speculation....but for 2010 if you were button what would you want?
US$10m seems about par for a world champion? even excluding Kimi's super wage, Nando & Hamilton are apparently in the $10-$20m range.
Anything less than $10m and it would seem like you weren't being respected wouldn't you say? Maybe Brawn will say success is more important blah blah blah, takes $5m....but would you?
I'll go one step further and ask you would you sign for McLaren as Kimi or Button and accept less than Hamilton? My position would be as much as a team says its going to be equal, if your paying on driver more or even lots more, natuarally your focus is going to be on that driver. I'm not saying who is better, just if you are going to join a team where one driver is so entrenched and you basically have the same c.v (world champion) would you sign for less?
enzodogg
Oct 31 2009, 04:37
FonzCam
Oct 31 2009, 05:08
QUOTE (KWSN - DSM @ Oct 29 2009, 07:10)

This list and any list will always be wrong. All drivers are compensated in different ways, based on contracts put together between their team and their representing agent, as well as a number of legal experts.
Some teams pay a high 'salary' which is then basically an 'all inclusive deal', and the driver have all his obligations to the team and the team sponsors under that.
Some teams pay middle level 'salary', which then only take up xx% of the time, and sponsorship places on the drivers suit and helmet, rest is for the driver to sell and market.
Some drivers are paid zero by the team, but are bringing in a sponsor which fund the driver and the team with xx millions.
Don't forget drivers will also most have different balances between their base salary and any points/championship bonuses that makes comparisons complicated because you never know if you are comparing what they will earn, could earn or have earned.
WebBerK
Nov 3 2009, 19:25
A little bird told me [please don't ask for source] Rubens won $100K per point as variable pay, therefore $7,7M [77 pts] in 2009.
seltaeb
Nov 3 2009, 20:09
Really? Wow, that would be awesome! He's worth every penny of it, too. I appreciate your insight on Rubens, WebBerK!
whoisjohngalt
Nov 4 2009, 04:49
OT. Does anyone know or have an idea how much is Alonso's buyout clause in Ferrari? And how much was Kimi's?
Simon Says
Nov 4 2009, 06:57
QUOTE (metz @ Oct 30 2009, 17:53)

I always thought that drivers salaries should be the inverse to the quality of the car.
It takes no great skill to win from pole in the fastes car, while it takes lots of skill and effort to do well in poor machinery.
All drivers claim that they want to win and that they want to be in a fast car.
That implies that they should almost drive for free in a top team and demand a kings ransom for driving a PoS.
After all, it is the car that will make the champion.
Heikki?
Simon Says
Nov 4 2009, 06:58
QUOTE (seltaeb @ Nov 3 2009, 21:09)

Really? Wow, that would be awesome! He's worth every penny of it, too. I appreciate your insight on Rubens, WebBerK!

Rubens should be paid more. No wonder Williams signed him, probably the best value/performance driver by far.
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