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 »
8y ago from F1i.com 0
Share

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

Marc Marquez recalls the ‘super difficult...

Marc Marquez discusses his previous MotoGP career decision to depart...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Declan Rice provides injury update after substitution...

Declan Rice provided an injury update after Arsenal's 2-0 win over...
5h ago from SportsKeeda.com

Aston Villa vs Arsenal Prediction and Betting Tips |...

Aston Villa take on Arsenal in a blockbuster Premier League clash on...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.