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Michael Schumacher Is 2010’s Highest Paid F1 Driver

Posted in Formula 1, General, Newsworthy, Racing by Kurt Ernst | March 27th, 2010 | 5 Responses |

Schumi in his glory years. Photo: Chris J. Moffett

Not even three years of retirement can impact Michael Schumacher’s ability to negotiate a contract. The seven time world champion’s retainer for the 2010 season will be $33.48 million dollars, not counting any additional bonuses, winnings or endorsement deals. Next in line is Fernando Alonso: the two time world champion will be taking home $24.1 million dollars this year. Rounding out the high salary podium is Lewis Hamilton, who’s putting $21.4 million in his bank this year. Jenson Button, last year’s world champion, can’t seem to get any respect; his salary as Hamilton’s teammate is a paltry $16.8 million.

There are 19 races on this year’s schedule, 18 if the venue for the Korean Gran Prix isn’t completed in time. Do the math; Michael Schumacher is earning nearly $1.8 million for every race weekend while poor Jenson Button has to settle for $884,211 per race. No wonder the guy had to sell his Bugatti Veyron.

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5 Responses

  1. Beatrix says:

    I think Michael Schumacher deserves to be the highest paid driver 2010, I am a F! Fan (MERCEDES) and I must say i lost the interest of watching the race when he left. If we will all be honest with ourselves the spectator and viewers quote also went down drasticall in the past three years. Now F1 is the number one Sports on TV again, thanks to Michael

  2. Kurt says:

    Beatrix, I may be the only German-American F1 fan who doesn’t like Schumacher. As a humanitarian, he’s great – very charitable and always willing to help one cause or another. Many of our football / baseball / basketball stars could take lessons from Schumi on how to be a better celebrity.

    As a driver, I don’t think Schumachewr was as good as his record. He raced in a time when passing and wheel to wheel racing was all but non-existent. The driver with the dominant car typically started on pole and kept the lead throughout the race. Schumi’s main talent, in my opinion, was being in the right place at the right time. How would he have faired racing for Williams or BAR?

    I think the best driver in the series today is Lewis Hamilton, and I can’t wait to see what happens when Schumi is up to speed. I anticipate a few epic battles between the two drivers before the end of the season.

  3. tell the truth says:

    is he great ? he is a just cheater.

  4. Kurt says:

    tell the truth, you’re really Sir Sterling Moss, aren’t you? If so, please take my best wishes for a speedy recovery and congratulations on your new Porsche RS61!

  5. Vaino says:

    This doesn’t make sense I did a google search and found two different results. The 1st saying schumacher is the highest paid and the other saying alonso is the highest! Please some one give use the real facts, take us out off our misery. I’m a schumacher fan always have been and always will be no matter what. And for those saying schumacher isn’t a brilliant driver cause he had a better car are just spitting sour grapes. The guy was brilliant, he had the ability to even nurse a car to the finish line and wining if that doesn’t prove what a superb driver he was I don’t know what would plus his history and record speaks for its self. You can’t dispute that!