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How much are Lauda and Wolff getting paid?
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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...
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8y ago from F1i.com
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