The popularity of F1 team representatives has increased in recent years, largely due to the success of Netflix’s Drive to Survive documentary series. Now, according to reports, some of their wages have been revealed.
Mattia Binotto’s departure from Ferrari during the off-season saw a major personnel change. Binotto will be replaced by Frédéric Vasseur, who joined from Alfa Romeo, as Ferrari’s F1 team representative.
Andreas Seidl has left McLaren to become Sauber Group CEO ahead of Audi’s F1 entry in 2026.
At McLaren, Andrea Stella has been appointed F1 team principal, and Jost Capito has left Williams F1, which has not yet been appointed.
Frédéric Vasseur, Andreas Seidl and Andrea Stella will receive between €6 million and €8 million for their new roles, according to France’s sportune.fr. It is said that it will be put in.
That’s still a hefty amount of money, but it’s heavily beaten by the higher earners of other teams.
The top three salaries in the team are exempt from the cost cap, so none of the team principal salaries fall under the budget cap.
Christian Horner, who has been F1 team principal since Red Bull Racing was installed on the grid in 2005, is now reportedly pocketing between €8m and €12m a year. there is It follows Red Bull Racing’s strong campaign, which won both the Drivers’ and Constructors’ Championships for the first time since 2013.
But it’s Mercedes F1 teammate Toto Wolff who earns more than Horner, and his ‘minimum’ salary is reportedly €16 million ($23 million).
Toto Wolff has held the Mercedes F1 team together through a successful turbo-hybrid era, winning both championships for seven seasons in a row.
Category: F1 / Formula 1 driver
