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
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
14h ago from MotorsportWeek.c...
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bid made: Arsenal waiting for response from club as...
Arsenal have reportedly made a bid for Brentford defensive midfielder...
1h ago from CaughtOffside.com
Fabrizio Romano drops 'here we go' & another...
Arsenal fans have been given some exciting transfer news in the last half...
1h ago from CaughtOffside.com
David Ornstein: Arsenal make £9.3m bid to sign...
With Martin Zubimendi set to join the club, Arsenal are not done there....
1h ago from FreshArsenal.com
'Someone who catches my eye' – Arsenal expert...
Arsenal are being linked with a number of wingers at the moment, but...
2h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton stuns Ferrari insider with 'sensational'...
We are now 10 races into the 2025 F1 season, and... Read More »
4h ago from GPFans.com
Red Bull set for driver swap at upcoming race
Red Bull are gearing up to swap out one of their... Read More »
1h ago from GPFans.com
F1: Regrets? Red Bull has a few, says Perez
Sergio Perez claims that he knows that 'deep... Read More »
1h ago from Pitpass.com
