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 »
9y 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...
9y ago from BBC.co.uk

Wolff and Lauda sign new Mercedes deals

Mercedes Formula 1 boss Toto Wolff and non-executive chairman Niki Lauda...
9y ago from PlanetF1.com

Lauda and Wolff commit to Mercedes until 2020

 XPB Images Mercedes AMG F1 boss Toto Wolff and non-executive...
9y ago from F1i.com

Toto Wolff and Niki Lauda extend Mercedes deals to 2020

Mercedes has confirmed that Head of Motorsport Toto Wolff and...
9y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal and Man United dealt transfer blow as San Siro...

Arsenal and Manchester United may have been handed a frustrating transfer...
1h ago from CaughtOffside.com

Latest: Arsenal given shock opportunity to sign World...

Arsenal have reportedly taken concrete steps in their pursuit of AS Roma...
16m ago from CaughtOffside.com

Arsenal eye Premier League duo, including 'one of the...

Arsenal are reportedly making Premier League duo Morgan Rogers and Eli...
2h ago from CaughtOffside.com

Report: Arsenal open talks to sign 50m midfielder as...

Arsenal’s search for a new central midfielder this summer continues to...
3h ago from FreshArsenal.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.