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F1 salaries: Jackie Stewart made 5 pounds his first year with Tyrrell!!!


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#1 Ellen2

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Posted 15 September 2000 - 20:38

When Jackie Stewart was racing, he had to make a big decision when signing his first contract with Ken Tyrrell.

"I remember the first contract I had with Ken Tyrrell, because it was five pounds," Stewart said. "Ken offered me the choice between giving me the five pounds or giving me £10,000 in return for ten per cent of my worldwide income for ten years," he continued. "That was a big decision, and I had to think about it overnight because I didn't have any advisers."

"I guessed there would be money in becoming a professional, so I went for the five pounds." he added.


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#2 Jackman

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Posted 15 September 2000 - 21:41

Good decision though - how much money did Jackie make in those ten years? Given the sponsor contacts he made I would have to think it was a lot more than 100k ...

Worth a try though, Ken - could have subsidised your team for a while on that deal ...


#3 westendorf

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Posted 16 September 2000 - 01:30

True but a pound was worth a bit more in those days. That's a funny story.
Ciao, GFW