planetf1.com

Yup, no two ways about it, Kimi should be on that list, along with dozens of others. The number of Brits on that list points to the fact the compilers basically copied The Sunday Times Rich List and then added in any other names they stumbled across. 12 of the 20 are lifted straight from the paper (they count Scheckter as he lives here).

If you take the lowest estimates of Kimi's annual salary from 2005-2009, just one year of it would put him on the list. Supposedly the 51 million USD he was widely reported to be on at Ferrari was confirmed by his management when he was booted, but who knows. Online estimates for his total wealth all seem to be over 100 million.

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Klaus Kinski: making me question my heroes since January 2013

Danica clearly isn't putting her assets to good use!

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Official Kamui Kobayashi Fanboy

Yep Kimi is surely missing from that list. And re Schumacher, it doesn't mean that he should have more. The crisis has taken down so many fortunes, I'm sure he owned stocks, properties, and other investments that probably have lost half of their value or completely lost all of its value

and from the same article. LOL @ Hamilton's first year salary

you needed a better accountant, the idea is to look huge, look as if it's costing a fortune and bleeding you dry but secretly coining it in

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Disclaimer: The above post maybe tongue in cheek.

"I thought I'd get your theories, mock them, then embrace my own. The usual."

by the way - for those who wants to visit Scheckter's farm - they do summer BBQ festival and tickets are not that expensive and you can see his F1 cars. Great place to visit! it is in west from Basingstoke

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We are worse than animals, we hunger for the kill.
We put our faith in maniacs the triumph of the will,
We kill for money, wealth and lust, for this we should be damned.
We are disease upon the world, brotherhood of man.

I suppose it boils down to - racing drivers make one hell of a lot of money and, if they are pretty shrewd business-wise, can invest it in ways that increase their wealth?

Edit - must admit I'm shocked to read that Schekter had a wealthy arms company and used some of these profits to start an organic farm ! The two are diametrically opposed? But perhaps I've confused 2 racing drivers.

Edit again - if it is the same person, who would support anyone that was/is involved in the arms business??!

kimi was around $52M a year at one point, surely he can't spend all that much on booze.

I would of thought Pedro Diniz would be in there somewhere.

I can't afford one!

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You must remember that Kimis salary and wealth is taxed. He must pay his management and during his Ferrari days it could have been like 30-40% or more. Maybe he isn't good businessman.

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Renault!

2012 Planet F1 Prediction Competition Champion

Two things that surprised me:
1. Kimi not in the list
2. Danica only $18M - I would have thought she is worth more than that. GoDaddy mustn't be paying her a lot of money.

Um. Ricky Hendrick has been dead for almost 10 years....

1 billions dollars in one season? .....
At 2:1 conversion rate of the time, that is £500 million pounds for a driver that earned 0.5 million per year in his first season and then 10 million per year. The article you refer to was based on his entire career and was based on a 15 year career.

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http://www.racefan.co.uk

Shocking numbers.. Schumacher could have comfortably paid for his seat in 2013, and paid Hamilton to sit out . He also could've bought HRT and hired a top class driver to race for him.

Also surprised to see Hamilton and Button above Alonso. I guess PR work pays a lot.

Why are none of the other drivers in Bikinis?

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PF1 Pick 10 Competition
Best Round Result: 1st (Monaco 2012)
Podiums: 4
2013 Championship Standing: 78th

well, yes, but isn't that the same for all? And he's tax domiciled in Switzerland, isn't he, and the rates there are low anyway?
I was just using Kimi to point out that the list is probably not that accurate, as with Kimi at one time reputedly earning more than anyone else on the grid (and the rest aren't exactly poor!) it's doubtful that he hasn't been able to hang on to more than $18M by now.

I am not surprised by the first two on the list. I can remember reporters predicting that Schumie would be the first billionaire sportsman long before he retired & Dale Jr, from memory, has won the most popular NASCAR driver voted by NASCAR fans for the last 10 years & that translates into huge dollars. And Eddie Irvine doesn't surprise me as I read years ago that he was a really successful property developer. What has surprised me are the drivers not included on the list. One of them being Kimi & another being my favourite NASCAR driver, Jeff Gordon. Not only is he a four time NASCAR Champion but, the last time I looked, he had a net worth of around $130 million.

Jody Scheckter wasn't an arms dealer or manufacturer, he founded FATS Inc, a simulated weapons systems and training company that provides virtual firearms training to law enforcement, security and military organisations. Scheckter sold the company in 1996 and it is now part of Meggitt PLC. Find out more about it here: http://www.meggitttrainingsystems.com/About-Meggitt.aspx

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Klaus Kinski: making me question my heroes since January 2013

Only if you've had an interest in the Gran Turismo video game. I've been playing that game since version 3, but never knew he was ever a racer until I read this post.

I'm glad some acute observers also included Bernie Ecclestone and Roger Penske on the list.

Bernie Ecclestone, 2 Formula One races, did not qualify in one, was replaced by another driver in the other.

Net worth ... £2.5 billion

Vettel doesn't really have a bumper salary based on articles like these:
http://www.formula1onlive.com/2011/06/2011-f1-driver-salary-list.html

I think Red Bull, very sensibly, pays Adrian Newey more than anybody else in the team. Vettel may very well be the best driver on the grid, but they can easily get someone nearly as quick (say, Hulkenberg) for about €5M, but it's far more difficult to find an engineer with the talent and experience of Newey. Whether one likes it or not, Formula One is an engineer's sport more than a driver's one. I think Karthikeyan in a Ferrari, McLaren or Red Bull would do far better than say Seb or Fernie in an HRT, Caterham or Marussia.

Ferrari have paid their drivers ridiculous amounts of money for a while. From Schumi to Kimi to Fernie, I think the salaries were outrageous given that for about a third of Alonso's pay, they could in theory get Vettel or Hammy and the result wouldn't be much different. Perhaps if they spent some of that €20M surplus on an aerodynamics specialist...

A lot of Alonso's pay comes through his sponsors though.

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PF1 Pick 10 Competition
Best Round Result: 1st (Monaco 2012)
Podiums: 4
2013 Championship Standing: 78th

and not just their "main" drivers, either. Massa is clearly running a support role there and while I like the guy it's strange that he commands such a high salary. I would have thought a figure half that amount would still be sufficient. It's not like they have no choices.

Not sure that chart is right. There are many drivers who were rich before becoming drivers who are not on there and others who would obviously be rich through sponsorship, such as Andretti Fitipaldi etc. Dumfries only raced a few years, (one of the best Brundle quotes called him 'the belted Earl' when he was smashed off track )

Drivers like De Angelis and a few of his time were 'gentleman drivers' who were from money families. Berger and probably Louder should be there too

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I find television very educating. Every time somebody turns on the set, I go into the other room and read a book.

Marx (Groucho)