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
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
2h ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
23h ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
21h ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
2d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
3d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
2d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Saudi Arabia: Elfyn Evans suffers puncture as...
No description available...
1h ago from Motorsport.com
WRC Saudi Arabia: Why there’s “absolutely no...
No description available...
15h ago from Motorsport.com
WRC Saudi Arabia: Adrien Fourmaux leads, Elfyn Evans...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Champions League review: Arsenal erupt, PSV stun...
enal rout Bayern to stake a claim as Europe’s best, Liverpool spiral...
20m ago from TheGuardian.com
Sources: Man City 'would love to sign' PL star but...
Manchester City have a strong interest in Newcastle United full-back Tino...
2h ago from CaughtOffside.com
Arsenal and Chelsea open initial talks to sign...
Arsenal and Chelsea are looking to build for the future, and they have...
2h ago from CaughtOffside.com
Agreement soon: David Ornstein delivers major Arsenal...
Arsenal fully expect to agree a new contract with star player Bukayo Saka...
3h ago from CaughtOffside.com
Comments
Hottest News
Sainz suggests TV analysts could solve F1 stewarding issues
Carlos Sainz believes Formula 1 could eliminate... Read More »
1h ago from F1i.com
'Chaos' - Christian Horner's verdict on Adrian Newey as F1...
A clip of ex-Red Bull F1 boss Christian Horner... Read More »
30m ago from GPFans.com
Herbert: It's the end of Hamilton, Ferrari hasn’t...
F1 Opinion: Johnny Herbert explains why he... Read More »
1h ago from GrandPrix247.com
