News Details
Report reveals Ferrari president Marchionne’s incredible income
Report reveals Ferrari president Marchionne's incredible income The highest paid figure in the Formula One 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.
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Ferrari big boss Marchionne earns $170,000 per day...
The highest paid figure in the Formula 1 paddock is not a driver or even...
9y ago from GrandPrix247.com
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
Revealed: 2016 Formula 1 driver salaries
Ferrari's Sebastian Vettel remains the highest paid man in Formula 1,...
9y ago from F1Hub.net
Marchionne: Mercedes are feeling the pressure
Ferrari and Fiat president Sergio Marchionne says the 2016 Formula 1...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati debuts new aerodynamic package at Sepang MotoGP...
No description available...
3h ago from Motorsport.com
LCR Honda reveals split liveries for 2026 MotoGP season
No description available...
6h ago from Motorsport.com
LCR Honda unveil split liveries ahead of 2026 MotoGP...
LCR Honda satellite team has unveiled two separate liveries for its...
5h ago from MotorsportWeek.c...
Pedro Acosta: KTM’s 2026 MotoGP bike feels...
No description available...
14m ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces Donald Trump-backed race on National...
IndyCar has announced an inaugural race on America's National Mall,...
3h ago from MotorsportWeek.c...
Will Power: Andretti “will be the best team in the...
No description available...
1d ago from Motorsport.com
Donald Trump signs executive order confirming IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
3d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
6d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson makes bold PL title claim about Arsenal...
Former Arsenal forward Paul Merson reckons the Gunners' 4-0 Premier League...
6h ago from SportsKeeda.com
Leeds 0-4 Arsenal: That's more like it
Match report – Player ratings – Arteta reaction – Video...
8h ago from Arseblog.com
'Every game is a Cup final'- Declan Rice sends title...
Arsenal midfielder Declan Rice has issued a rallying cry to his teammates...
8h ago from SportsKeeda.com
Leeds boss makes 'best in Europe' claim about Arsenal...
Leeds United boss Daniel Farke lauded Arsenal's performance against his...
8h ago from SportsKeeda.com
Comments
Hottest News
'Extreme' Red Bull clears first F1 hurdle as Mercedes and...
Technical analyst Paolo Filisetti takes a look at... Read More »
54m ago from RacingNews365.com
F1 champion Lando Norris has a special mattress and it...
Lando Norris may only be 26 years of age but he... Read More »
34m ago from GPFans.com
F1 rich kids: There are 'eight more Lance Strolls in the...
A former F1 star has lamented young drivers who... Read More »
1h ago from GPFans.com
