News Details
How much are Lauda and Wolff getting paid?
XPB Images
It was announced yesterday that Mercedes AMG F1 boss Toto Wolff and non-executive chairman Niki Lauda had extended their contracts with the Silver Arrows manufacturer. Germany's Bild has published just how lucrative those contracts appear to be for the Mercedes headmen. According to Bild, Niki Lauda has been contracted for four years at a cost of 2 million euros a year, including all bonuses. The F1 legend also owns a 10% holding in the team which was offered to him by Mercedes as a sign-on bonus in 2012. Wolff, who has been at the helm since 2013 and owns 30% of the team, will allegedly earn 3.5 million euros this year. Needless to say, the respective salaries of the...
Full Story »
Full Story »
You May Also Be Interested In...
Toto Wolff & Niki Lauda sign new Mercedes deals until...
Mercedes Formula 1 boss Toto Wolff and non-executive chairman Niki Lauda...
8y ago from BBC.co.uk
Wolff and Lauda sign new Mercedes deals
Mercedes Formula 1 boss Toto Wolff and non-executive chairman Niki Lauda...
8y ago from PlanetF1.com
Lauda and Wolff commit to Mercedes until 2020
XPB Images
Mercedes AMG F1 boss Toto Wolff and non-executive...
8y ago from F1i.com
Toto Wolff and Niki Lauda extend Mercedes deals to 2020
Mercedes has confirmed that Head of Motorsport Toto Wolff and...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin's opening ‘four' MotoGP races with...
Aprilia targets Jorge Martin's opening four MotoGP races with the team...
21h ago from MotorsportWeek.c...
Pierer Industrie AG avoids insolvency, decision on KTM...
No description available...
1d ago from Motorsport.com
Creditors approve Pierer Industrie AG restructuring...
It has been revealed that creditors have approved Pierer Industrie AG's...
1d ago from MotorsportWeek.c...
Marquez confident rivalry with "gentleman"...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
3d ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
2d ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
4d ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
5d ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
6d ago from MotorsportWeek.c...
Fourmaux fined for swearing on WRC TV broadcast
No description available...
5d ago from Motorsport.com
WRC women's driver development programme winner...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal's Premier League title chances officially over...
Arsenal's hopes of winning the Premier League will be over if Liverpool...
2h ago from SportsMole.co.uk
Chelsea keen to beat Arsenal and Manchester United in...
No description available...
1h ago from SportsKeeda.com
Manchester United, Chelsea, Arsenal set to suffer blow...
No description available...
2h ago from SportsKeeda.com
Limited options, but difficult decisions
Morning all. It's West Ham at home this afternoon and Mikel Arteta has a...
3h ago from Arseblog.com
Comments
Hottest News
Bearman recalls driving test gaffe: ‘We don’t have stop...
Oliver Bearman is undeniably a rising star in... Read More »
52m ago from F1i.com
F1 faces potential threat from billionaire plotting massive...
Tech billionaire Jan Henric Buettner and... Read More »
52m ago from GPFans.com
Mansell's wants Hamilton to match Alonso and Raikkonen's...
Nigel Mansell hopes that the duo of Ferrari and... Read More »
2h ago from GPBlog.com