News Details
Ferrari big boss Marchionne earns $170,000 per day income
The highest paid figure in the Formula 1 paddock is not a driver or even a team owner… Publishing a list of Italy's highest paid managers, La Repubblica reports 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 of the various concerns, but rather lucrative bonuses as rewards for strong budgetary outcomes at the various companies for whom he works. Related News Montezemolo: Ferrari new guard have been lucky Arrivabene: Would you agree to a pay cut in favour of a colleague? Piero Ferrari: I...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Alfa Romeo could be the next big name on the F1 grid...
Alfa Romeo could be the next big name on the F1 grid – Marchionne...
9y ago from ThisIsF1.com
Marchionne: When Ecclestone goes we will have to build...
Formula 1 needs to be looking ahead to the post-Bernie Ecclestone...
9y ago from GrandPrix247.com
Marchionne: Mercedes are feeling the pressure
Ferrari and Fiat president Sergio Marchionne says the 2016 Formula 1...
9y ago from GrandPrix247.com
F1 must look beyond Ecclestone era – Marchionne
F1 must look beyond Ecclestone era – Marchionne Formula 1 needs to...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli to test MotoGP tires in Aragon ahead of 2027...
No description available...
6h ago from Motorsport.com
Fabio Quartararo reflects on ‘special' Jerez...
Fabio Quartararo described his second-place finish at Jerez as...
7h ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
11h ago from MotorsportWeek.c...
Opinion: Marquez brothers made history at Jerez, yet...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
1h ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
44m ago from MotorsportWeek.c...
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
4d ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1d ago from MotorsportWeek.c...
Even Sebastien Ogier was powerless to prevent Kalle...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera ignites WRC season with Canary Islands...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal face PSG in Champions League semi-final first...
No description available...
3h ago from SkySports.com
'Needs to have the game of his life', 'Must deliver' -...
Fans reacted to Arsenal starting Leandro Trossard against PSG in the UEFA...
2h ago from SportsKeeda.com
Arsenal v PSG – live blog
Join us for live blog coverage of our Champions League semi-final clash...
2h ago from Arseblog.com
Real Madrid to hand Arsenal star a pivotal role if...
Real Madrid are interested in signing the Arsenal defender William Saliba...
3h ago from CaughtOffside.com
Comments
Hottest News
How Helmut Marko ended Danica Patrick's Red Bull F1 dream
Sky Sports F1 analyst Danica Patrick had a long... Read More »
1h ago from GPFans.com
Sergio Perez backed for F1 return as Max Verstappen...
Check out the biggest stories from Tuesday, 29th... Read More »
44m ago from RacingNews365.com
Lewis Hamilton tipped to retire before Ferrari contract end
Lewis Hamilton has been tipped to retire from... Read More »
4h ago from GPFans.com