73 replies to this topic

[bub]

Probably right, but then that manager might have scored a better $$$$ deal for him at say McLaren and then where in the WDC would he be. I think Seb is very smart, in that he took less to be in a situation that suited him. He likes the people he works with and Red Bull has shown the ability to produce a fine car. After 3 WDCs the cash rewards are the icing on the cake. Having said that, I think the next contract he signs will be much more lucrative.

 

Plus he doesn't have to pay a manager.

[punknhedd]

I'd love to see the top 25.  Wonder what Webber makes now and how much he'll make next year.  Surprised Button isn't higher - he seems to have quite a few high profile endorsements.  I'm also a little surprised at how unpopular Vettel has become.  A literal roar went up when Hamilton pipped him to pole in Belgium.  

[aditya-now]

So I can see a big gap amongst the 5 WDCs.

 

1. Alonso - 30 million

2. Hamilton - 27.5 million

 

 

 

3. Vettel - 18 million

4. Raikkonen - 16 million (thanks for the figure William Hunt)

5. Button - 14 million

 

It stands to reason and represents what the respective driver brings in. Money talks, doesn't it?

[Spoch]

Indeed so, I spent the best part of 500 on their online store when he first joined, including the signed t-shirt and team jumper, I'm sure I'm not the only new customer they picked up...
 
Ironically all the Merc gear is really shoddy and most shrunk after the 1st wash (I miss the fantastically made McLaren merchandise)

Dodgy teamwear...they better up their game next year. Incidentally like you said, the macca teamwear was always state of the art and there is no customer complaint section on their website

[Bruce]

Danica Patrick? 15 million bucks?

 

And they say the workplace is sexist 

 

 

I wonder how much Marquez is making - must seem a positive bargain compared to Rossi - no disrespect intended...

[SanDiegoGo]

Danica Patrick? 15 million bucks?

 

And they say the workplace is sexist 

 

Yes, because she is the only female driver on the list or even at all earning that kind of money.

[loki]

Vettel doesn't have many personal sponsors "so I can focus more on my job as a racing driver".

 

 

He doesn't have an agent or manager so he's not able to negotiate what he's really worth.

[loki]

Plus he doesn't have to pay a manager.

 

A managers take is around 15%.  He's worth about what Hamilton and Alonso  but let's say US$25 mil/year.  Let'e go further and say the manager is 25%.  At US$25 mil @ 25% he's still be earning more than US$10 mil/year than now.  Certainly it's plenty of money but his naivete and inexperience have cost him. He may be in the middle of his bulk earning years and unless he continues to perform at this level his value is not going to increase.

[SpaMaster]

god forbid someone have hobbies outside of their job

Yeah, just like God forbid someone wants to just concentrate on racing instead of going for money and work that comes with personal sponsors.

 

 

You, of all people, are giving thumbs-up to that! Talk of hyporcrisy!

 

Edited by SpaMaster, 06 September 2013 - 18:03.

[Garagiste]

 

Incidentally, there was a story that a decade ago, when Bill Ford took over as chairman at the family firm, he looked at the list of top earners, and said "who is this Ed Irvine?"

 

...and why is he the second highest paid employee of the Ford Motor Co?

That along with Toyota so perfectly demonstrate that you can't go racing by comittee, which is entirely OT so, erm...

There's definately less money around these days if this list is accurate, largely down to the lack of

[Fastcake]

He said that? Nice.

In his shoes, I'd probably hand pick who I'd like to be associated with and, most definitely, not overdo it and get swarmed all over by PR duties.
 

 

Personally I'll try and earn as much as possible while I'm able to. The working life of any sportsman is limited and very few will earn anything near as much once they've retired - and no one has a guarantee of how long you will be driving. There's always the possibility you could be left without a drive like Damon Hill, and these days even a world champion would probably have to buy their way back in.

[Winter98]

I know the list also includes endorsements, but I have to admit, I was pretty surprised to see Danica Patrick earning more than, dunno, Kyle Busch or Carl Edwards (just the first two names that crossed my mind, I can give a few more names thinking for 10 seconds).
Since I can't be accused of being sexist, I suppose I can say it loud without being politically incorrect: she being so high on the list doesn't look 'right'

Edit: kudos to her though, convincing people to pay you so much money is not easy

 

"Girls will be boys and boys will be girls
It's a mixed up muddled up shook up world except for Lola"  (lyrics:  Lola by The Kinks)

 

Edited by Winter98, 07 September 2013 - 00:03.

[Winter98]

He doesn't have an agent or manager so he's not able to negotiate what he's really worth.

 

I wonder.

 

He has 3xWDC, probably 4, so next contract he can shoot for the stars if he wants, and not have to give a cut to anyone.  And even at his current salary, he is making crazy $$$ compared to the rest of us, so I can see why it makes sense to SV.

[Winter98]

It stands to reason and represents what the respective driver brings in. Money talks, doesn't it?

 

From what I understand, SV is the only top driver without a manager (Am I wrong here?).

 

If true, it would be interesting to know what the driver's actually take home.  Does anyone know factually what cut a top driver's manager gets?  How about a best guess?

[Skroob]

Who's list is corrected?  just asking.

 

.ie: Jenson Button McLaren-Mercedes €16m=$21,000,000  that 1.31 thingy

 

Drivers:

1. Fernando Alonso Ferrari €20m
= Lewis Hamilton Mercedes €20m
3. Jenson Button McLaren-Mercedes €16m
4. Sebastian Vettel Red Bull Racing €12m
5. Nico Rosberg Mercedes €11m
6. Mark Webber Red Bull Racing €10m
7. Felipe Massa Ferrari €6m
8. Kimi Raikkonen Lotus F1 Team €3m
9. Sergio Perez McLaren-Mercedes €1.5m
10. Romain Grosjean Lotus F1 Team €1m
= Pastor Maldonado Williams €1m
= Nico Hulkenberg Sauber €1m
13. Valtteri Bottas Williams €600,000
14. Jules Bianchi Marussia €500,000
= Adrian Sutil Force India F1 €500,000
16. Paul di Resta Force India F1 €400,000
= Daniel Ricciardo Scuderia Toro Rosso €400,000
= Jean-Eric Vergne Scuderia Toro Rosso €400,000
19. Esteban Gutierrez Sauber €200,000
20. Charles Pic Caterham €150,000
= Giedo van der Garde Caterham €150,000
= Max Chilton Marussia €150,000

 

What the F1 teams spent on drivers in 2013:

1. Mercedes €31m
2. Ferrari €26m
3. Red Bull Racing €22m
4. McLaren-Mercedes €17.5m
5. Lotus F1 team €4m
6. Williams €1.6m
7. Sauber €1.2m
8. Force India €900,000
9. Scuderia Toro Rosso €800,000
10. Marussia €650,000
11. Caterham €300,000

 

 

http://www.crash.net...earns_most.html
 

Edited by Skroob, 07 September 2013 - 03:51.

[fabr68]

I don't think Red Bull pay Sebi the maximum they think he's worth, I think they pay what they have to; and I feel sure that's a good bit less than they'd have to pay if he had a manager.

Red Bull has had the upper hand in the last few years and rightly so.

When Hamilton visited their trailer in Canada, I am sure he was not asking for his weight in gold to drive for them

[Afterburner]

"Girls will be boys and boys will be girls
It's a mixed up muddled up shook up world except for Lola"  (lyrics:  Lola by The Kinks)

 

 

I don't see Rosberg anywhere on that list?

[CARTurbo]

Incredible that Danica Patrick, who hasn't achieved much of anything, is up there.

[aray]

Danica makes money for her popularity; the same way Earnhardt Jr.,who never finished above 3rd in NASCAR Sprint Cup, earns his bucks....she at least made her own name from the scratch,unlike that guy....

[undersquare]

Red Bull has had the upper hand in the last few years and rightly so.

When Hamilton visited their trailer in Canada, I am sure he was not asking for his weight in gold to drive for them

Well a proper manager wouldn't fall for that.  They'd point out that without a Top4 driver even Red Bull would struggle to win anything, and status/motivation is involved.  Do Ferrari need to pay their salaries?  No.  Nando had nowhere else to go, they could have screwed him but they didn't.

 

So would Abad or XIX accept Sebi's terms?  Reportedly only €8m basic then depending so heavily on the car?  I doubt it.  And Sebi is the most successful, he should be on the most not the least. 

 

Anyway it's not a problem for Sebi obviously, its relevance is just that in the money list SV is undervalued for that reason, so it's not a rank order of value.  And we do need to adjust for a manager's percentage as has been pointed out.

[beute]

Danica Patrick? 15 million bucks?

 

And they say the workplace is sexist 

feminazis dont want you to hear it, but sexism works both ways.

Edited by beute, 07 September 2013 - 09:26.

[beute]

Danica makes money for her popularity; the same way Earnhardt Jr.,who never finished above 3rd in NASCAR Sprint Cup, earns his bucks....she at least made her own name from the scratch,unlike that guy....

Im not familar at all with nascar and their drivers, but to me it sounds like both of them are non-achievers for the kind of money they earn..

so how can you claim she made it all on her own when it is crystal clear that having a Vagina in a dicks sport helps big time with generating attention, and thus media exposure and thus big $$$... especially with the feminazi movement and all the politcal correctness...

Im not saying she didnt earn her place in nascar, but it's absurd to claim her enourmous salary has nothing to do with being female.

[ApexOversteer]

He doesn't have an agent or manager so he's not able to negotiate what he's really worth.

 

Wrong.

 

F1 contracts in the 80s & 90s were never done by managers. It was simply the driver representing himself.

 

Nigel Mansell being a prime example.

[Tonka]

Out of the first 5 top earners, 4 of them have driven for McLaren.  McLaren have always made their drivers earn their wages, perhaps the drivers have learned how to maximise their income, with the least amount of effort - by using agents/managers.

 

Outside of Webber and Rosberg, none of the other current F1 drivers have the results and/or personality to attract a lot of outside money, except in their own countries.  Who'd want Paul de Resta to head up a major tv campaign, like Button and Hamilton have done.