Vettel fast becoming F1′s highest earner

27 September, 2011

Sebastian Vettel

Sebastian Vettel and his rivals

Sep.27 (GMM) He might be the fastest Formula 1 driver in 2011 but Sebastian Vettel is still not the highest-earning driver on the grid, but is fast catching his rival according to Bild-Zeitung daily, reporting that the 24-year-old double champion-elect is making ‘just’ $21-million this season, which is nearly double of $11-million he banked last year.

Sebastian Vettel

Sebastian Vettel

Ahead of him are Fernando Alonso ($34-million) and Michael Schumacher ($28-million), but Bild claims that Vettel is fast catching up.

The newspaper said the Red Bull driver earns more with every success, including a $8-million bonus for winning the championship this year and a further 2 million on top of that if he wins yet again in 2012.

Vettel also reportedly makes a $675,000 bonus for every victory, which has amounted to no less than 4.5 million with his nine wins so far in 2011.

Even a mere podium earns the German an extra $337,000, according to Bild.

Triple world champion Niki Lauda told Austria’s Kleine Zeitung that success has not changed Vettel.

“Unlike some other people,” he quipped. “He (Vettel) is a very grounded person — personable, honest and normal.”

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8 Responses to Vettel fast becoming F1′s highest earner

  1. Twiinz 29 September, 2011 at 4:35 pm

    A driver is worth whatever he or she can get someone to pay them. His peers say that Alonso is the best. They know alot more than us fans. I don’t think drivers salary goes against the $ cap anyway, so that $ couldn’t go into development. Besides, if anyone can afford it, it is the Scuderia.

  2. visz963 27 September, 2011 at 11:34 pm

    Oh, and do not forget that Alonso was beaten by a rookie teammate in 2007…. this certainly is not the level expected from the best earning pilot.

  3. visz963 27 September, 2011 at 10:50 pm

    Yalla, you are a blind fan. Vettel lost four 1st places due to technical failures last year, plus he had a faulty car for two more races (which was dicovered afterwards). Without these, he would have beaten Alonso by at least 100 points last year as well.
    Alonso does not make a difference. He has no technical knowledge. He is fast, but commits many mistakes. He is not more valuable than any of the Mclaren/Red Bull drivers.

  4. illusiongt21 27 September, 2011 at 8:36 pm

    Alonso is worth it!

    He has been holding the back 2 back Championship longer then anyone since Schumi and now Vettel will take it….Took almost 5 years to break. Alonso, dont forget almost won last year 2010, lost by 4 points and didnt score points in 3 races in 2010 . He’s not worth it huh? Put Alonso in a REDBULL and it would be a wrap. TRUST. That would be almost 3 Titles in 6 years…

  5. Butterfly 27 September, 2011 at 8:27 pm

    Yeah, he is worth every cent. Don’t be surprised if he reaches 100m EUR in about five years time.

  6. Don 27 September, 2011 at 8:20 pm

    Alonso deserves every cent. He is a gr8 driver.

  7. visz963 27 September, 2011 at 8:08 pm

    Alonso is not worth his salary, it should be spent on car development.

  8. Butterfly 27 September, 2011 at 3:02 pm

    Alonso takes 30m EUR per year, which will be doubled from 2013 to 60m. I don’t think Vettel is anywhere near that.

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