The Highest Paid Driver in Formula One Racing
There are many drivers within formula one, Kimi Raikonnen is a noticeable driver, as a replacements for Schumacher is one of the drivers and is most noticeable as the driver that earns the highest wage.
As the highest earning driver through the formula one racing circuit, he earns a cool fifty one million dollars. The majority of other drivers that are taking part in F1 teams are earning just below half of this amount and therefore there is quite a gap between the amount that is earned by Raikonnen and the other drivers that drive for various other teams.
There are many ways that the team earns money while taking part in Grand Prix events and other races and events throughout the season. The majority of the money that is earned by each team and paid to each player is earned through sponsorship, as well as advertising through the internet. These are effective ways to earn millions of dollars and therefore pay the wages of the star drivers that are taking part in the teams. Depending on experience, skill level and results that have been demonstrated on the track – this will determine the wages which are going to be paid to the various drivers taking part.
Surprisingly enough, although there are millions of fans of F1 racing throughout the globe, ticket sales make up the smallest portion of the earnings which are brought to the F1 team. With the small amount that is earned however, ticket prices remain the same – which are generally high and therefore it can be difficult to find tickets at a good rate to watch a formula one event.