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 »
9y 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
Victoria Government rejects MotoGP requests to move...
The Victoria State Government has rejected a request from MotoGP to move...
27m ago from MotorsportWeek.c...
Australian government rejects MotoGP proposal to race...
No description available...
4h ago from Motorsport.com
Dorna Sports unveils rebrand as part of MotoGP...
Dorna Sports has announced it will be officially known as MotoGP Sports...
4h ago from MotorsportWeek.c...
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Understanding IndyCar's new deal with Chevrolet and...
No description available...
19h ago from Motorsport.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
4d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Jamie Carragher highlights key Arsenal problem that...
Liverpool legend Jamie Carragher has claimed that Arsenal might not win...
27m ago from SportsKeeda.com
“They should stay silent” - Wayne Rooney slams...
Manchester United legend Wayne Rooney believes comments from Arsenal...
4h ago from SportsKeeda.com
Mikel Arteta provides fitness update on 4 key Arsenal...
Arsenal boss Mikel Arteta has provided an injury update on the likes of...
7m ago from SportsKeeda.com
FA Cup draw : Welcome to Saka Central
Morning everyone. Let's start with the draw for the 5th round of the FA...
7h ago from Arseblog.com
Comments
Hottest News
Red Bull chief designer Craig Skinner leaves Milton Keynes...
Craig Skinner, Red Bull’s long-serving chief... Read More »
1h ago from F1i.com
Ex-F1 star reveals Adrian Newey insight, hints of Aston...
Former F1 driver Juan Pablo Montoya has revealed... Read More »
4h ago from MotorsportWeek.com
F1 Explained: What is sandbagging?
As F1 continues to throw new vocabulary at you... Read More »
47m ago from GPFans.com
