News Details
Ferrari big boss Marchionne earns $170,000 per day income
The highest paid figure in the Formula 1 paddock is not a driver or even a team owner… Publishing a list of Italy's highest paid managers, La Repubblica reports that Sergio Marchionne, the Ferrari and Fiat president, made an incredible EUR 54.5 million in 2015. That is over $60 million, or nearly $170,000 per day. The report said the bulk of Marchionne's income was not his salaries as CEO and presidents of the various concerns, but rather lucrative bonuses as rewards for strong budgetary outcomes at the various companies for whom he works. Related News Montezemolo: Ferrari new guard have been lucky Arrivabene: Would you agree to a pay cut in favour of a colleague? Piero Ferrari: I...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Alfa Romeo could be the next big name on the F1 grid...
Alfa Romeo could be the next big name on the F1 grid – Marchionne...
9y ago from ThisIsF1.com
Marchionne: When Ecclestone goes we will have to build...
Formula 1 needs to be looking ahead to the post-Bernie Ecclestone...
9y ago from GrandPrix247.com
Marchionne: Mercedes are feeling the pressure
Ferrari and Fiat president Sergio Marchionne says the 2016 Formula 1...
9y ago from GrandPrix247.com
F1 must look beyond Ecclestone era – Marchionne
F1 must look beyond Ecclestone era – Marchionne Formula 1 needs to...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
1d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
3d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
2d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
7h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
11h ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
10h ago from MotorsportWeek.c...
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Patrick Vieira makes interesting Arsenal title...
Arsenal legend Patrick Vieira delivered a mixed verdict on his former...
3h ago from CaughtOffside.com
Arteta’s team of ruthless cyborgs malfunction in way...
enal let game slip against Manchester United and need to quickly regain...
4h ago from TheGuardian.com
‘We got punished’: Arteta rues errors as...
t;li>Zubimendi mistake led to Mbeumo equaliser‘We were dominant …...
4h ago from TheGuardian.com
Nev: Arsenal’s pain was self-inflicted | 'They've...
Gary Neville questions where Arsenal's anxiety is coming from after a...
4h ago from SkySports.com
Comments
Hottest News
F1 Testing Today: Barcelona schedule, times and the best...
The waiting is over and F1 testing is here in... Read More »
1h ago from GPFans.com
Mercedes highlights major sustainability achievements from...
The Mercedes-AMG PETRONAS Formula One Team has... Read More »
2h ago from F1Technical.net
2025 Australian Grand Prix Race Rewind – How Lando...
The 2025 Australian Grand Prix proved to be one... Read More »
1h ago from Formula1News.co.uk





























