$1 mil per week - is that really possible? - Page 2

Armco Bender · 6 Dec 2006, 06:53 (Ref:1783059)

I think Jochen Rindt was on something like $50,000 a year his last year with Lotus.

Red · 6 Dec 2006, 12:18 (Ref:1783253)

Since when the tobacco sponsorship is banned? I can understant that advertising is, but sponsorship?

Greenback · 6 Dec 2006, 12:54 (Ref:1783282)

Quote:

Originally Posted by Mr V

Phillip Morris (who own Marlboro) have a contract with Ferrari that runs till 2011.

Instead of running ad on the cars, they call the team Marlboro S. F.

M-Kart · 6 Dec 2006, 13:16 (Ref:1783297)

Quote:

Originally Posted by AdamAshmore

However this is not why they get paid that amount though. It isn't like deep sea diving. If they didn't pay anything people would still race these cars.

yeah, sorry about that, i did forget to mention that they do get paid to endanger themselves, but they are all passionate about it, and wald certainly race even without the $$$. (that would really demonstrate their passion!)

Marbot · 6 Dec 2006, 17:20 (Ref:1783447)

Quote:

Originally Posted by Mr V

Phillip Morris (who own Marlboro) have a contract with Ferrari that runs till 2011.

Indeed,and what they do is they sell space on the car to other companies,which gets around the tobacco ban.

**Bononi** · 7 Dec 2006, 10:05 (Ref:1783914)

Quote:

Originally Posted by martyn bott

Indeed,and what they do is they sell space on the car to other companies,which gets around the tobacco ban.

And that can be very profitable...

Red Emperor · 7 Dec 2006, 11:33 (Ref:1783991)

Quote:

Originally Posted by ljakse

According to F1-live.com Raikkonen will be earning around 1 mil USD per week in 2007, and Alonso will make 35 mil in same year.

I've read the article several times, and it sounds as all that is their wage. Is that possible??? I mean, TGF's 34 $ mil/year was sensation when he came to Ferrari, and compared to this, it's nothing special now.

I know these guys make a lot, but top athletes in other sports are making 3 to 5 time less???

The Red Baron make much more than that.
Just go and watch Forbes or Fortune list. It`s 80 millions per year and they probably are conservative with estimatives with his merchandizing (he sel more than 1 million caps per year...), Add to that Omega, LÒreal, Puma, Shell, DVAG, Merchandizing, ferrari, Marlboro, etc...
Schumacher just made a deal with german ATU (or AT&T) for a sponsor contract worth 8 million euros per year.
Let`s for Forbes list

I think that Schumacher will still make more money in 2007 than Kimi and Alonso.

**Bononi** · 7 Dec 2006, 12:06 (Ref:1784018)

Quote:

Originally Posted by Red Emperor

The Red Baron make much more than that.
Just go and watch Forbes or Fortune list. It`s 80 millions per year and they probably are conservative with estimatives with his merchandizing (he sel more than 1 million caps per year...), Add to that Omega, LÒreal, Puma, Shell, DVAG, Merchandizing, ferrari, Marlboro, etc...
Schumacher just made a deal with german ATU (or AT&T) for a sponsor contract worth 8 million euros per year.
Let`s for Forbes list

I think that Schumacher will still make more money in 2007 than Kimi and Alonso.

At least in the next 10 years...

ljakse · 7 Dec 2006, 13:28 (Ref:1784094)

I'll try again - I'm talking about salaries here, not personal sponsorships and stuff.

Red Emperor · 7 Dec 2006, 13:35 (Ref:1784105)

Quote:

Originally Posted by ljakse

I'll try again - I'm talking about salaries here, not personal sponsorships and stuff.

I will try again.
No way that kimi has a salary of 52 millions. i doubt that even with personal sponsors he or alonso won`t come close to that.
The news when Ferrari sign Kimi was 45 millions for 3 years /15 millions a year) and alonso is 20 millions per year. You can check that.
Of course every internet site can put what they want. There are sites that say that michael makes 105 millions a year...

**Adam43** · 7 Dec 2006, 13:35 (Ref:1784106)

Well done for trying, however the problem is that there is no clear definition of what is a salary or personal sponsorship and certainly "stuff" is a grey area. When a driver signs for a team then he considered all aspects together. One deal might be £20m that comes from involvement with a sponsor and £5m straight from the team. Another deal may be £15m straight from the team with the opportunity to make £5m in performance related bonus and £5m from wearing a certain watch. etc. etc.

It is impossible to separate it. Even the salary that comes straight from the team has ultimately come from sponsors who require a repayment in both results and appearences.

In addition is is irrelevant (to us).

**Bononi** · 7 Dec 2006, 13:35 (Ref:1784107)

Quote:

Originally Posted by ljakse

I'll try again - I'm talking about salaries here, not personal sponsorships and stuff.

If it's like around here, in paper is always the minimal.

locco · 7 Dec 2006, 21:24 (Ref:1784468)

This Article is from businessF1 magazine, about shumi's retiring and alonso's and kimi's sighning there are some figures in them for the deals those guys made and had.

Red Emperor · 7 Dec 2006, 22:00 (Ref:1784493)

Quote:

Originally Posted by locco

This Article is from businessF1 magazine, about shumi's retiring and alonso's and kimi's sighning there are some figures in them for the deals those guys made and had.

Thanks.
But this magazine isn´t trustful. They have several law trial because they make lies.
I don´t waste my time with them. Half of what they write is a lie.

**Adam43** · 7 Dec 2006, 22:13 (Ref:1784502)

Careful Red Emperer, comments like that may get you sued

Marbot · 8 Dec 2006, 00:12 (Ref:1784571)

Quote:

Originally Posted by Red Emperor

Half of what they write is a lie.

Only half!

**Bononi** · 8 Dec 2006, 11:57 (Ref:1785046)

Quote:

Originally Posted by martyn bott

Only half!

And the other half are rumours...

locco · 8 Dec 2006, 14:50 (Ref:1785189)

Quote:

Originally Posted by Red Emperor

Thanks.
But this magazine isn´t trustful. They have several law trial because they make lies.
I don´t waste my time with them. Half of what they write is a lie.

thanks for letting me know, I didn't know that.

WebberForWDC · 9 Dec 2006, 07:38 (Ref:1785715)

Quote:

Originally Posted by M-Kart

thbut there are very fre as dangerous as proppelling oneself at speeds around 400km/hr. yes it is a passion for the guys, but they do deserve/need a level of renumberation for the dangers they face

They are F1 drivers not IRL Indycar drivers !!!!!!!!!!!!!!

Tilke dromes have acres of run off, ovals do not. F1 do not reach 400 clicks, IRL Indycars (also known as "Crapwagons" by Champcar supporters) do.

$1 m a week does seem VERY excessive, but it's what the markets wants to pay, on the other hand they could have signed Kubica for $200,000 a year back in Jan 2006 and you never know what he could do with a Ferrari... but they have made their choice in a "top" driver, it's their funds after all.

WebberForWDC · 9 Dec 2006, 07:43 (Ref:1785718)

Quote:

Originally Posted by AdamAshmore

In addition is is irrelevant (to us).

No it's not.

Ford Racing's desires to slash budget by employing young not-big name and therefore cheap drivers in the Webber/Pizzionia and Martin/Duval pairings directly impacted on the level of interest in the sport for Irvine supporters and McRae supporters.

kipper · 9 Dec 2006, 10:06 (Ref:1785761)

Quote:

Originally Posted by WebberForWDC

No it's not.

Ford Racing's desires to slash budget by employing young not-big name and therefore cheap drivers in the Webber/Pizzionia and Martin/Duval pairings directly impacted on the level of interest in the sport for Irvine supporters and McRae supporters.

I think the comment regarding the irrelevance of salary levels referred to what the salary compromised of. Therefore if a driver were to sign for, say, Ferrari, the notable thing is the amount they are paid from the team. The fact that only a small amount is for driving the car, whilst the majority is from being nice to sponsors or being seen using a certain product makes little difference to the final outcome.

**Adam43** · 9 Dec 2006, 14:48 (Ref:1785870)

Quote:

Originally Posted by kipper

I think the comment regarding the irrelevance of salary levels referred to what the salary compromised of.

Correctomundo!

However I feel that what money gets to their pockets isn't directly relevant to us.

Quote:

Originally Posted by WebberForWDC

No it's not.

Ford Racing's desires to slash budget by employing young not-big name and therefore cheap drivers in the Webber/Pizzionia and Martin/Duval pairings directly impacted on the level of interest in the sport for Irvine supporters and McRae supporters.

Off topic: I think the lost fans of Irvine have been made up for by the Webber fans!

If you want to go specific here it is interestingly complicated though. For instance sometimes teams get more cash if they have a name. Jordan and Damon was one of those, and ultimately it made it so hard for him to walk away at the end.

karimbo · 10 Dec 2006, 02:34 (Ref:1786200)

Quote:

Originally Posted by Mr V

I wouldn't get out of bed for that

Especially if I'm not alone in bed...

Red Emperor · 11 Dec 2006, 14:36 (Ref:1788030)

Quote:

Originally Posted by locco

thanks for letting me know, I didn't know that.

Welcome.

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