Jump to content


Photo

Driver salaries


  • Please log in to reply
46 replies to this topic

#1 fisichella_2001

fisichella_2001
  • Member

  • 2,952 posts
  • Joined: February 01

Posted 04 June 2002 - 14:09

I came across the driver salaries for 2002 today, and they make interesting reading:

Ranking - Driver - Team - Age - 2002 salary - Career earnings
1. Michael Schumacher - Ferrari - 33 - $32 million - $197 million
2. Jacques Villeneuve - BAR - 30 - $21 million - $69 million
3. Eddie Irvine - Jaguar - 35 - $12 million - $52 million
4. Ralf Schumacher - Williams - 25 - $12 million - $32 million
5. Heinz-Harald Frentzen - Arrows - 34 - $8 million - $31.25 million
6. David Coulthard - McLaren - 30 - $8 million - $38 million
7. Kimi Raikkonen - McLaren - 22 - $8 million - $8.1 million
8. Jarno Trulli - Renault - 27 - $6 million - $15.75 million
9. Rubens Barrichello - Ferrari - 29 - $5.5 million - $28.5 million
10. Giancarlo Fisichella - Jordan - 29 - $5 million - $27 million
11. Jenson Button - Renault - 22 - $4.5 million - $9.3 million
12. Mika Salo - Toyota - 35 - $3.5 million - $8.5 million
13. Juan Pablo Montoya - Williams - 25 - $3.5 million - $6.5 million
14. Oliver Panis - BAR - 35 - $3 million - $12 million
15. Nick Heidfeld - Sauber - 24 - $1.5 million - $3.6 million
16. Pedro de la Rosa - Jaguar - 30 - $1.5 million - $2.5 million
17. Allan McNish - Toyota - 32 - $1.5 million - $1.5million
18. Takuma Sato - Jordan - 25 - $1 million - $1 million
19. Felipe Massa - Sauber - 20 - $500 000 - $500 000
20. Enrique Bernoldi - Arrows - 22 - Nil - Nil
21. Mark Webber - Minardi - 25 - Nil - Nil
22. Alex Yoong - Minardi - 25 - Nil - Nil

Montoya earns about 1/10th of what Schumi earns, and even Ralf earns a lot more than the Colombian.
Villeneuve and Irvine are very over-priced, with the state their teams are in at the moment that money could be better spent.
Frentzen gets more than I thought, is most of this down to Jordan or do Arrows think he is worth this salary?
The bargains would have to be the Sauber drivers - Sauber have the right idea in paying their drivers relatively little so they can put the maximum money possible into the car.
Does anyone know why the Minardi drivers and Bernoldi get no money? I know the teams have financial difficulties, but Frentzens $8 million suggests Arrows at least isn't struggling that much.

Advertisement

#2 Ghostrider

Ghostrider
  • Member

  • 16,216 posts
  • Joined: July 99

Posted 04 June 2002 - 14:18

With that salary, I can understand JV is not going anywhere. :eek:

Fisi is not payed as much as some people insinuate sometimes. 5 million is pretty modest actually. :smoking:

#3 SeanValen

SeanValen
  • Member

  • 17,096 posts
  • Joined: February 01

Posted 04 June 2002 - 14:20

I think Montoya's manager will be asking Williams for more pay sometime soon, should at least be in the top 10 if not the top 5.

#4 Sintra

Sintra
  • Member

  • 343 posts
  • Joined: March 02

Posted 04 June 2002 - 14:22

...(sigh)... at least I'm making more than the bottom three :p

#5 Rene

Rene
  • Member

  • 6,926 posts
  • Joined: March 01

Posted 04 June 2002 - 14:22

Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:

#6 SeanValen

SeanValen
  • Member

  • 17,096 posts
  • Joined: February 01

Posted 04 June 2002 - 14:42

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:



:up:
Maybe everyone should talk about which drivers should be paid such and such amount, for fun, best thing to do if the info is unreliable and unlikely to be 100% right etc. :up:

#7 metz

metz
  • Member

  • 16,350 posts
  • Joined: July 01

Posted 04 June 2002 - 15:08

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:

So, Rene, If this is not correct, enlighten us with the true numbers.

#8 StickShift

StickShift
  • Member

  • 5,386 posts
  • Joined: September 01

Posted 04 June 2002 - 15:14

Quote

Originally posted by fisichella_2001
I know the teams have financial difficulties, but Frentzens $8 million suggests Arrows at least isn't struggling that much.


That's because Jordan is paying his salary as comp for being fired.

#9 dworsham

dworsham
  • Member

  • 1,169 posts
  • Joined: October 01

Posted 04 June 2002 - 15:24

I love Eddie and wish he were on the podium each race - BUT seriously if I owned FORD stock I would sell it as fast as possible based on his salary alone....

#10 fisichella_2001

fisichella_2001
  • Member

  • 2,952 posts
  • Joined: February 01

Posted 04 June 2002 - 15:34

Quote

Originally posted by StickShift


That's because Jordan is paying his salary as comp for being fired.


Thanks, I wasn't sure whether the compensation money counted towards his actual salary. So without that money, Frentzen would virtually be driving for nothing aswell. If salaries are anything to go by, Arrows and Minardi are in dire straits.

#11 metz

metz
  • Member

  • 16,350 posts
  • Joined: July 01

Posted 04 June 2002 - 15:49

Quote

Originally posted by fisichella_2001


Thanks, I wasn't sure whether the compensation money counted towards his actual salary. So without that money, Frentzen would virtually be driving for nothing aswell. If salaries are anything to go by, Arrows and Minardi are in dire straits.

Actualy, all drivers have some private sponsors that pay their salary directly.
All 4 drivers for Minardi and Arrows depend on this.
HHF gets his Jordan salary continued to the end of 2002.
I don't know if some of these numbers include the private money or not.
Probably not, based on the last three..
Sauber has historicaly made money by signing up young tallent for long contracts for cheap.
Peter then sells the contract to other teams once the driver has proven himself.
JV,s contract seems out of whack, but remember, he was WC at the time and he was negotiating with his own manager and he gets a lot of direct $ from Honda and BAT for ads.
In F1, you don't always get what you pay for...

#12 BARnone

BARnone
  • Member

  • 2,056 posts
  • Joined: December 00

Posted 04 June 2002 - 15:54

Quote

Originally posted by metz

So, Rene, If this is not correct, enlighten us with the true numbers.


A quick search for driver salary threads on this BB equalled 90. There is so much rumour, speculation and outright disinformation, that it is impossible to tell for sure who gets paid what by whom.

BARnone.

#13 tifoso

tifoso
  • Member

  • 10,901 posts
  • Joined: June 00

Posted 04 June 2002 - 15:56

We had a pretty good discussion about it on this thread in March right after Formula 1 magazine published the numbers.

#14 Rene

Rene
  • Member

  • 6,926 posts
  • Joined: March 01

Posted 04 June 2002 - 16:32

Quote

Originally posted by BARnone


A quick search for driver salary threads on this BB equalled 90. There is so much rumour, speculation and outright disinformation, that it is impossible to tell for sure who gets paid what by whom.

BARnone.


Thank-U, every couple of weeks someone posts a new thread, with different numbers for each driver....listen to what the drivers themselves say about salary, or the team principles...other than that its all speculation....

#15 Rene

Rene
  • Member

  • 6,926 posts
  • Joined: March 01

Posted 04 June 2002 - 16:35

Quote

Originally posted by metz

So, Rene, If this is not correct, enlighten us with the true numbers.


Do a search on salary in the news and magazine sections...you will find a couple (very few) of remarks from drivers and team principles...these are the only numbers with any credibility...the rest is rubbish....as a fan for several decades it always turns out that in 10 or 15 years the truth will come out, and much of the current speculaion will turn out to be untrue...

#16 TAB666

TAB666
  • Member

  • 1,755 posts
  • Joined: November 00

Posted 04 June 2002 - 17:43

Wtf, those numbers cant be accurat.
Fissi earning less the Kimi .... phhlezz

#17 The Rock

The Rock
  • Member

  • 652 posts
  • Joined: February 01

Posted 04 June 2002 - 18:12

What a waste of money on that idiot Irvine if its true.Hes funny with what he has to say to the media and such but a total waste on track.pathetic.

#18 Lateralus42

Lateralus42
  • Member

  • 2,514 posts
  • Joined: December 01

Posted 04 June 2002 - 18:29

There is absolutely no way that Massa and Sato are making that much money. Those figures are totally bougus.

#19 Dudley

Dudley
  • Member

  • 9,250 posts
  • Joined: March 00

Posted 04 June 2002 - 21:49

Quote

Does anyone know why the Minardi drivers and Bernoldi get no money? I know the teams have financial difficulties, but Frentzens $8 million suggests Arrows at least isn't struggling that much.


Easy, why pay them? Where else are those 3 going to go?

Excepting Webber of course but even he didn't have an F1 opportunity with anyone else at the time.

If I'm right, the last driver Minardi paid was Luca Badoer and I'm not convinced Ferrari didn't pay that.

Advertisement

#20 Mila

Mila
  • Member

  • 8,564 posts
  • Joined: December 99

Posted 04 June 2002 - 22:01

"7. Kimi Raikkonen - McLaren - 22 - $8 million - $8.1 million"

something of an improvement for KR in 02!

#21 Jdcasas

Jdcasas
  • Member

  • 357 posts
  • Joined: August 01

Posted 04 June 2002 - 22:49

Quote

Maybe everyone should talk about which drivers should be paid such and such amount, for fun, best thing to do if the info is unreliable and unlikely to be 100% right etc.



Well, I will put the price on what I think drivers should earn. Lets say 100 million credits is the most one can earn, here we go:

M. Schumacher 100,000,000
JPM 90,000,000
Ralf 89,000,000
R. Barrichello 85,000,000 (needs a healthy salary to take all that bs at ferrari)
Villeneuve 70,000,000
Raikkonnen 66,000,000
Coulthard 60,000,000
Frentzen 57,000,000
Irvine 55,000,000

....................................................
Frank williams: 100,000,000 (I just like him way more than the guys at ferrari)
Ross Brawn and Jean Todt 90,000,000
Sauber 85,000,000

....................................................
Sato- He should pay for all the chassis he´s destroyed
Yoong- Definitely should be paying for racing in f1

#22 Menace

Menace
  • Member

  • 12,799 posts
  • Joined: November 01

Posted 05 June 2002 - 00:02

Quote

Originally posted by Jdcasas


Well, I will put the price on what I think drivers should earn. Lets say 100 million credits is the most one can earn, here we go:

M. Schumacher 100,000,000
JPM 90,000,000
Ralf 89,000,000
R. Barrichello 85,000,000 (needs a healthy salary to take all that bs at ferrari)
Villeneuve 70,000,000
Raikkonnen 66,000,000
Coulthard 60,000,000
Frentzen 57,000,000
Irvine 55,000,000

....................................................
Frank williams: 100,000,000 (I just like him way more than the guys at ferrari)
Ross Brawn and Jean Todt 90,000,000
Sauber 85,000,000

....................................................
Sato- He should pay for all the chassis he´s destroyed
Yoong- Definitely should be paying for racing in f1


Are you CRAZY?!?! :lol:

Here's mine:

Msch $10,000,000
Villeneuve $8,000,000
Fisichella $6,000,000
Rsch $6,000,000
Montoya $6,000,000
Raikkonen $6,000,000
Coulthard $5,000,000
Barrichello $5,000,000
Frentzen $4,000,000


Anything above 10,000,000 is just plain nuts!? These guys make so much more from their sponsor deals etc.

Sport's people in general are just WAY over payed nowadays.

Ofcourse I know the real figures are higher, but this is what I THINK they should be payed. :wave:

#23 Warnie

Warnie
  • Member

  • 173 posts
  • Joined: January 01

Posted 05 June 2002 - 03:29

There is acutually an article in a Sydney paper this morning about sporting salaries and Mark Webber is down as $300,000 AUD. :confused:
Mind you it is a tabloid type read and they have probably done little to no research on the topic. Doesn't specify where the $$$ come from either.

#24 HSJ

HSJ
  • Member

  • 14,002 posts
  • Joined: October 00

Posted 05 June 2002 - 08:18

JV and EI are real monkeys on their teams' backs.;) JV financially, EI both financially and skill-wise. Kimi is doing fine... :)

#25 HSJ

HSJ
  • Member

  • 14,002 posts
  • Joined: October 00

Posted 05 June 2002 - 08:20

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:


I wouldn't be too sure about that. But MS has stated a while back that he wished he actually earned as much as he is rumored to earn. You can believe him or not, of course.

#26 HSJ

HSJ
  • Member

  • 14,002 posts
  • Joined: October 00

Posted 05 June 2002 - 08:21

Quote

Originally posted by Warnie
There is acutually an article in a Sydney paper this morning about sporting salaries and Mark Webber is down as $300,000 AUD. :confused:
Mind you it is a tabloid type read and they have probably done little to no research on the topic. Doesn't specify where the $$$ come from either.


IIRC MW's money comes from Renault or Briatore (or something). So I guess the list only states what the teams are paying, and Minardi don't pay their drivers directly.

#27 HSJ

HSJ
  • Member

  • 14,002 posts
  • Joined: October 00

Posted 05 June 2002 - 08:24

Quote

Originally posted by Mila
"7. Kimi Raikkonen - McLaren - 22 - $8 million - $8.1 million"

something of an improvement for KR in 02!


Yeah, a 8000% improvement!!! :clap: :wave: (or 7900% if you prefer to take only the "salary rise" part)

#28 Jdcasas

Jdcasas
  • Member

  • 357 posts
  • Joined: August 01

Posted 05 June 2002 - 08:56

Quote

Are you CRAZY?!?!

 ;)
I did say credits didnt I? :)

#29 Foxbat

Foxbat
  • Member

  • 3,706 posts
  • Joined: August 01

Posted 05 June 2002 - 10:29

Quote

Originally posted by SeanValen
I think Montoya's manager will be asking Williams for more pay sometime soon, should at least be in the top 10 if not the top 5.


AFAIK JPM's contract was indeed renewed and he is now paid as much as Ralf on a contract of the same duration, these figures are probably simply older than that.

#30 alain

alain
  • Member

  • 1,313 posts
  • Joined: September 00

Posted 05 June 2002 - 10:36

This just shows how overpayed and overhyped Chewmie and Irvine are...

#31 tania_walesuk

tania_walesuk
  • Member

  • 1,083 posts
  • Joined: March 02

Posted 05 June 2002 - 12:49

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:


But with ppl putting stuff like that on show then ppl will beilive it,... It aint nowt really to do with us.. But we still pry. :wave:

#32 BARnone

BARnone
  • Member

  • 2,056 posts
  • Joined: December 00

Posted 05 June 2002 - 13:16

Quote

Originally posted by tania_walesuk


But with ppl putting stuff like that on show then ppl will beilive it,... It aint nowt really to do with us.. But we still pry. :wave:


That statement proves the theory that there is indeed a sucker born every minute.

BARnone.

#33 tania_walesuk

tania_walesuk
  • Member

  • 1,083 posts
  • Joined: March 02

Posted 05 June 2002 - 13:22

Quote

Originally posted by BARnone


That statement proves the theory that there is indeed a sucker born every minute.

BARnone.


So whose the sucker then !!!!!! :wave:

#34 BARnone

BARnone
  • Member

  • 2,056 posts
  • Joined: December 00

Posted 05 June 2002 - 13:23

Quote

Originally posted by tania_walesuk


So whose the sucker then !!!!!! :wave:


The suckers are the people who believe everything they read.

BARnone.

#35 tania_walesuk

tania_walesuk
  • Member

  • 1,083 posts
  • Joined: March 02

Posted 05 June 2002 - 13:27

Quote

Originally posted by BARnone


The suckers are the people who believe everything they read.

BARnone.


Yeah thats true..... good thing were not suckers then innit !!!! :wave:

#36 Foxbat

Foxbat
  • Member

  • 3,706 posts
  • Joined: August 01

Posted 05 June 2002 - 14:40

Quote

Originally posted by alain
This just shows how overpayed and overhyped Chewmie and Irvine are...


I haven't heard that particular nickname for Villeneuve before :p

#37 The Sensational

The Sensational
  • Member

  • 720 posts
  • Joined: June 02

Posted 05 June 2002 - 14:43

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:


I'd tend to agree here, I've had enough of this speculation about salaries.

#38 Arrow

Arrow
  • Member

  • 9,190 posts
  • Joined: September 01

Posted 05 June 2002 - 15:05

Quote

Originally posted by Rene
Those salaries are complete rubbish, they are pure speculation, which contradict the public statements of various drivers... :down: :down:



Barry richards the BAR boss says he contractualy bound to play JV 25% of their team budget!!

BAR have a sizeable budget so u do the math

#39 AD

AD
  • Member

  • 3,364 posts
  • Joined: January 00

Posted 05 June 2002 - 17:44

Quote

Originally posted by Foxbat
I haven't heard that particular nickname for Villeneuve before :p


:lol:

Advertisement

#40 Rene

Rene
  • Member

  • 6,926 posts
  • Joined: March 01

Posted 05 June 2002 - 17:57

Quote

Originally posted by Arrow



Barry richards the BAR boss says he contractualy bound to play JV 25% of their team budget!!

BAR have a sizeable budget so u do the math


Again...take some time and look through BAT papers...the 1998 and 1999 documents are rather interesting....Richards is assuming that if they cut JV's salary that BAT will then allocate this to BAR....which may or may not be true....as well, did Richards really say that?! If you look at what the press attribute to him, and what he goes on the record saying, there is quite a difference....

For example:From Grand Prix.com

Quote

Interestingly, action has already begun on talks for next year. At Sepang, BAT chief executive Martin Broughton had a meeting with Villeneuve to discuss the future and interestingly Villeneuve's manager Craig Pollock was not asked to join in - presumably because of the clash of interest between his roles as a director of BAR and as Villeneuve's manager.



JV talks directly with BAT over his contract, not Richards....that tell you all you need to know...

#41 tom

tom
  • Member

  • 3,474 posts
  • Joined: May 99

Posted 06 June 2002 - 04:19

massa = $500000
tom = $18000
bernoldi = $0

#42 logic

logic
  • Member

  • 3,636 posts
  • Joined: May 01

Posted 06 June 2002 - 07:37

I don't understand when athletics and other sporting ppl get %/#¤$$$ salary. Then it's not sport anymore, it's entertainment, very expensive entertainment. Big :down: to Jacque$ and M$ being money-eaters and big :up: to team bosses who want their drivers not to be knows as how much they earn :drunk:

#43 dworsham

dworsham
  • Member

  • 1,169 posts
  • Joined: October 01

Posted 06 June 2002 - 12:37

performance pays., all but two races this year won by MS. Finish in all races. WDC. Lets face it, this success means bucks for the parent company and the basis for driver to ask for - and get - whatever he wants.

#44 HP

HP
  • Member

  • 19,703 posts
  • Joined: October 99

Posted 06 June 2002 - 14:19

Mclaren is als known to pay their drivers bonuses depending on the race outcome. Dunno about other teams, but in any case most drivers are overpaid.

#45 AD

AD
  • Member

  • 3,364 posts
  • Joined: January 00

Posted 06 June 2002 - 17:19

However fair play to MS, JV, EI, etc. for getting the amount of money they get :up:

#46 The First MH

The First MH
  • Member

  • 9,958 posts
  • Joined: September 01

Posted 06 June 2002 - 17:33

Quote

Originally posted by Arrow



Barry richards the BAR boss says he contractualy bound to play JV 25% of their team budget!!

BAR have a sizeable budget so u do the math

I Dunno who this Barry Richards is, but Dave Richards, the Boss at BAR, seems to like JV, and again, the figures BAT give BAr are as confusing to dicern as driver salaries.

I think you're confusing your cricket with F1... :

#47 tom

tom
  • Member

  • 3,474 posts
  • Joined: May 99

Posted 07 June 2002 - 00:47

i totally agree with you 'logic',
it really is ****ed.