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
KTM riders say top speed advantage has disappeared in...
No description available...
2h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
7h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
18h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
20h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
1d ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Newcastle emerging as favourites for Arsenal transfer...
Newcastle United are reportedly pushing the strongest for the potential...
51m ago from CaughtOffside.com
Manchester City vs Arsenal Prediction and Betting Tips...
The Premier League features a clash between two of its biggest teams this...
51m ago from SportsKeeda.com
100m bid prepared: Man United ready to beat Liverpool...
Manchester United are reportedly preparing to bid as much as 100m for the...
1h ago from CaughtOffside.com
Man City lead Arsenal in race to sign 'fantastic' star...
Manchester City reportedly lead Arsenal in the race for the transfer of...
21m ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen Nurburgring race stopped by red flag after...
Race 1 of the ADAC 24h Nurburgring Qualifiers was... Read More »
1h ago from GPFans.com
Max Verstappen leaves rivals stunned after creating...
Max Verstappen has left his Nurburgring rivals... Read More »
1h ago from GPFans.com
Several drivers injured in multi-car pile up at Nurburgring
Horrible scenes at the Nurburgring with several... Read More »
1h ago from RacingNews365.com
