For a retiree, Michael Schumacher sure has been getting a lot of press lately. If he's not testing prototypes for Ferrari, he's taking on rivals in the Race of Champions or getting in trouble with the fuzz for driving a taxi. But the 7-time world champion is also making an awful lot of money for someone who isn't even working.
Thanks to continued partnerships with some of Schumacher's biggest sponsors, the driving superstar is expected to pull in a staggering €35 million over the next seven years, taking his sponsorship deals through 2014.
Schumi's manager Willi Weber has been hard at work maintaining the commercial relationships with such big sponsors as Shell, Omega and Deutsche Vermogenberatung. At this year's RoC, the champ wore a white, black and orange suit decked out in sponsor's logos instead of the scarlet he wore while driving for Ferrari.
[Source: F1-Live, Photo by Ryan Pierse/Getty]














Reader Comments (Page 1 of 1)
Honest Abe @ Dec 20th 2007 8:54PM
In the picture....Are you trying to point out that a star of an international racing series makes more then a star of a local racing series based in one country mainly?
lol
Hey formula one heads.... got tickets the us grand prix yet? lol Who needs a formula one race in America. America is just small cheese, right?
geo.stewart @ Dec 21st 2007 7:32AM
ah but JJ brought home 15M US in prize winnings alone each of the last two yrs. he probably gets 1/2 that so 7.5 in winnings vs. 7M/yr US for schumi, plus JJ has endorsements which are good for another few million.
I'll grant Schumi makes more than me, and while he is retired from racing, he's not retired from Ferrari.
Pdidly @ Dec 21st 2007 4:40PM
It is silly to compare the two. One is worldwide sport. The other a regional sport.
tex @ Dec 20th 2007 10:46PM
NASCRAP sucks. Period. End-of-story.
Harrison @ Dec 20th 2007 11:11PM
This is begging to be Sniff Petrol-ed.
geo.stewart @ Dec 21st 2007 7:34AM
the captions probably hint that schumi cant make enough in europe and that JJ would like to keep schumi out of NASCAR and
geo.stewart @ Dec 21st 2007 7:34AM
the captions probably hint that schumi cant make enough in europe and that JJ would like to keep schumi out of NASCAR and
HeyHuub @ Dec 21st 2007 9:18AM
Can't make enough in Europe? He is one of the best paid sportsman of all time.
In 2005 he earned something like 110 million euros.