Raikkonen is F1’s highest paid driver

With Schumacher retiring from driving, his replacement Kimi Raikonnen has taken over the mantle of highest paid driver in Formula 1 with an estimated wage of $51 million.

Schumacher has accumulated an estimated fortune of $800 million and in his new role of assistant to Jean Todt, he is expected to draw a salary of about $10 million. This is only slightly less than many of the other Formula 1 drivers – his brother Ralf reportedly earns $16 million a year, and Fisichella and Massa are believed to be paid $10 million. Newcomers Lewis Hamilton and Heikki Kovalainen are expected to be on about $2.8 million each.

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