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Lowest Paid Driver in F1


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#1 F1Johnny

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Posted 11 April 2002 - 16:12

Excluding pay drivers. Who do you guys figure is the lowest paid driver and how much does he get?

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#2 tifoso

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Posted 11 April 2002 - 16:22

I posted this in another thread awhile ago:

Originally posted by tifoso
From F1 Magazine:


Driver			  Salary*   Career Earnings*

M. Schumacher	   $32	   $197

Villeneuve		  $21	   $69

Irvine			  $12	   $52

R. Schumacher	   $12	   $32

Frentzen			$8**	  $31.25

Coulthard		   $8		$18.5

Raikkonen		   $8		$8.1

Trulli			  $6		$15.75

Barrichello		 $5.5	  $28.5

Fisichella		  $5		$27

Button			  $4.5	  $9.3

Salo				$3.5	  $8.5

Montoya			 $3.5	  $6.5

Panis			   $3		$12

Heidfeld			$1.5	  $3.6

de la Rosa		  $1.5	  $2.5

McNish			  $1.5	  $1.5

Sato				$1		$1
*in millions
**Paid by Jordan and Arrows



#3 metz

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Posted 11 April 2002 - 16:36

Interesting how little JPM makes. :|
Maybe Frank didn't want to pay more after his Alex Z experience. :
And JPM had no choice since no other team looks to CART as much as Williams.

#4 tifoso

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Posted 11 April 2002 - 16:38

Originally posted by metz
Interesting how little JPM makes. :|
Maybe Frank didn't want to pay more after his Alex Z experience. :
And JPM had no choice since no other team looks to CART as much as Williams.

JPM said last year he was taking a pay cut to come to F1.

#5 metz

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Posted 11 April 2002 - 16:42

Originally posted by tifoso

JPM said last year he was taking a pay cut to come to F1.

Yes, I believe his CART sallary was about $4.8m.
It'S unfortunate that he had to take the cut just to get to F1.
Other than Frank, few teams appreciate the CART tallent pool.

#6 F1Johnny

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Posted 11 April 2002 - 16:48

tifoso. I remember that list, but it does not include Mark Webber or Alex Yoong who would figure in this thread I believe. Also Massa is not there either. I seriously doubt that Frentzen is currently getting $8m now.

Great table though. :up:

#7 FlatFoot

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Posted 11 April 2002 - 16:52

I would imagine that JPM will be in the top 5 or 6 drivers when his contract expires this year.

Does Williams have an option for '03?

#8 tifoso

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Posted 11 April 2002 - 17:05

Originally posted by F1Johnny
tifoso. I remember that list, but it does not include Mark Webber or Alex Yoong who would figure in this thread I believe. Also Massa is not there either. I seriously doubt that Frentzen is currently getting $8m now.

Great table though. :up:

Yoong is a pay driver so he is not in the table. His sponsors pay for his ride. IIRC, there wasn't enough information known about Webber or Massa to include them in the table. I think it would safe to assume they're at or near the bottom.;)

Frentzen is thought to get $1 million from Arrows and should $7 million from Jordan if he wins his lawsuit, hence F1 Magazine's $8 million figure.

#9 BARnone

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Posted 11 April 2002 - 17:07

Villeneuve also said he took a pay cut to come to F1 from CART (no - I don't want to start that war about JV not taking a pay cut to move to a better team).

BARnone.

#10 F1Johnny

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Posted 11 April 2002 - 20:31

The one I find amazing in that list is Raikkonen. $8m from Ron. How did he extract that. He is not worth it YET. DC has race wins for the team and is getting the same $$$. I think that is a mistake.

#11 Ross Stonefeld

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Posted 11 April 2002 - 20:38

I doubt the pay-cut from CART claims. The budgets simply arent that big. 15-20mil total sponsorship for a 2 car team, and you're shipping 4.8mil out to one driver? A little hard to beleive.

#12 tifoso

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Posted 11 April 2002 - 20:47

Originally posted by Ross Stonefeld
I doubt the pay-cut from CART claims. The budgets simply arent that big. 15-20mil total sponsorship for a 2 car team, and you're shipping 4.8mil out to one driver? A little hard to beleive.

Your budget for a CART team is interesting. I read that a top NASCAR team spends $35 million...say that's for a 3-car team. Pretty close. I wouldn't have thought so.

#13 Dudley

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Posted 11 April 2002 - 21:06

Minardi makes money from Yoong.
Webber is not paid either, but contributes bugger all sponsership.

Bernoldi of course comes complete with taurine.

#14 Ross Stonefeld

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Posted 11 April 2002 - 21:07

Title sponsorship for the 2-car team owned by Carl Haas is about 15-16mil/season. Hendrick spends about 35mil for their 3 (now 4) car effort, but they get a lot of money from Chevrolet.

Wasnt the Team Kool Green deal like 3 years for 50mil?

#15 berge

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Posted 12 April 2002 - 02:54

Originally posted by Ross Stonefeld
I doubt the pay-cut from CART claims. The budgets simply arent that big. 15-20mil total sponsorship for a 2 car team, and you're shipping 4.8mil out to one driver? A little hard to beleive.


Toyota offered Montoya $10Million to stay. Wisely, he declined.

#16 Witt

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Posted 12 April 2002 - 03:41

I thought Webber was being paid by Renault? About 300, 000 pounds iirc.

#17 ehagar

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Posted 12 April 2002 - 04:07

Originally posted by Ross Stonefeld
I doubt the pay-cut from CART claims. The budgets simply arent that big. 15-20mil total sponsorship for a 2 car team, and you're shipping 4.8mil out to one driver? A little hard to beleive.


Percentage of winning earnings maybe.... Indianapolis was a big payout... there was a million for the championship, I suppose if you add it all up and include the base salary it could be more....

Greg Moore signed a personal services contract with Players, was about a million a year not including winnings. Maybe Villeneuve had the same....

What about merchandising rights? Nascar drivers make a mint of that stuff.

I remember several years ago (1996?) some of the top drivers were making around five million dollars.... probably hard to do that now with the downturn in OW racing.