Chargement ...

Report reveals Marchionne’s incredible income

Over $60 million

Chargement ...

The highest paid figure in the F1 paddock is not a driver or a team owner.

Publishing a list of Italy’s highest paid managers, La Repubblica claims that Sergio Marchionne, the Ferrari and Fiat president, made an incredible EUR 54.5 million in 2015.

That is over $60 million, or nearly $170,000 per day.

The report said the bulk of Marchionne’s income was not his salaries as CEO and presidents, but lucrative bonuses as rewards for strong budgetary outcomes at the various companies for whom he works.

Chargement ...

«Pundit predicts Hamilton ’will come back’

Alonso finally recovered after Melbourne crash»

Formula 1 news


>Boss excuses Alonso’s furious Qatar GP outburst

>No love lost as Bottas prepares to leave Sauber

>Red Bull not favourites for 2025 or 2026 - Brown

>Red Bull eyes Guanyu Zhou’s Chinese sponsor money

>F1 could expand to twelve teams in future

More Formula 1news