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F1: One million euros per race for returning Michael Schumacher

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Khatir Soltani
From GMM

Michael Schumacher will reportedly be paid 1 million euros per race and a bonus 1m euros per victory when he begins substituting for injured Ferrari driver Felipe Massa as from the European grand prix later this month.

The German daily Die Tageszeitung also said the 40-year-old German is very likely to have his non-driving advisory contract with the Maranello based team renewed.

The agreement, estimated to be worth at least 5m euros per season to the seven-time world champion, is currently set to expire at the end of 2009.

Meantime, Schumacher has called off his participation in a motorcycle race this weekend. He was scheduled to take part in a Dutch Superbike race during the Rizla Racing Day at Assen in the Netherlands.

According to the De Telegraaf newspaper, the German has informed the organisers that he would now not be in action.


photo:WRI2
Khatir Soltani
Khatir Soltani
Automotive expert
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