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 »
10y ago from GrandPrix247.com 0
Share

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...
10y 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...
10y ago from GrandPrix247.com

Marchionne: Mercedes are feeling the pressure

Ferrari and Fiat president Sergio Marchionne says the 2016 Formula 1...
10y ago from GrandPrix247.com

F1 must look beyond Ecclestone era – Marchionne

F1 must look beyond Ecclestone era – Marchionne Formula 1 needs to...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...

Popular On TotalWRC.com

Popular On GunnersToday.com

Brazilian defender emerges as a target for Arsenal as...

Brazilian defender Wesley has done quite well for AS Roma, and Arsenal are...
1h ago from CaughtOffside.com

Champions League review: a punch for Arteta and are...

teams for the final in Budapest are set. We look at how they got there...
3h ago from TheGuardian.com

PSG v Arsenal: six factors that could decide the...

ping Ousmane Dembélé quiet will be tough but Mikel Arteta’s side have...
3h ago from TheGuardian.com

Arsenal ready to splash UCL cash on 28-G/A star who is...

Arsenal are reportedly interested in signing the PSG attacker Khvicha...
4h ago from CaughtOffside.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.