• Nov 9, 2009
If you scoffed at the notion that unionized auto workers were being paid not to work, you're going to love this one: According to reports emerging from Europe, Kimi Raikkonen could stand to make more money next year if he doesn't race than if he does.

The bizarre circumstance comes down to the terms of his departure from Scuderia Ferrari. Kimi was reportedly offered a whopping 17 million euros in order to make room for an incoming Fernando Alonso, but that's only if he doesn't find a suitable seat with another team. If he does, Ferrari will only be required to pay the 2007 world champion 5 million 10 million euros (corrected). Seeing an opportunity to get a world champion on the cheap, McLaren is reportedly offering Raikkonen only 5 million euros to drive for them, knowing that Ferrari – and migrating sponsor Santander – will cough up the rest.

That means Kimi would make 15 million euros if he drove again for McLaren next year – which is tipped to be the one and only team he's considering – but 17 million if he sat the year out. Of course negotiations are ongoing, but all things being equal, the Finn could be looking at one very lucrative year off.

[Source: Auto Motor und Sport via F1-Live | Image: Vladimir Rys/Bongarts/Getty]


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  • 18 Comments
      • 5 Years Ago
      Someone is a sever nail biter.
        • 5 Years Ago
        Ewww...
        • 5 Years Ago
        "Kimi Raikkonen could stand to make more money next year if he doesn't race than if he does..."

        Good for him. Well enough time (and dough) to get a "decent"...nail job.
        • 5 Years Ago
        That's because he's scared of GM's upcoming Formula 1 car driven by Bob Lutz.

        GM. An American Revolution.
        • 5 Years Ago
        I feel for him, except I'm not that bad.
      • 5 Years Ago
      problem with that is that once he's out, he's out. It will be really difficult for him to get back into it, and he stands to gain a lot more by staying in the sport for a few years. He'll easily be able to make up the two mill shortfall in the next year, but it can't be guaranteed that he'll get paid for a seat next year (at least it's far less likely if he leaves and then tries to come back into the sport.) Sticking around is definitely a financially sound decision to say the least

      The possibility of winning is only icing on these cakes to us, then, but it's something that he'll definitely think about as a sportsman.
      • 5 Years Ago
      "If he does, Ferrari will only be required to pay the 2007 world champion 5 million euros."

      10 million...
      • 5 Years Ago
      He trims those nails for weight reduction. His dedication is that deep.
      • 5 Years Ago
      That's the kind of severance package I'd want. We'll give you X for you to leave now. If you leave now and can't find a job before a certain date, we'll give you 3X.
        • 5 Years Ago
        The nice thing for him is I think it only counts for formula 1 teams so he could go rallying for a year and come back and make even more money
      • 5 Years Ago
      I think Kimi should do what he wants to do, and if it's rallying, then he should go for it. He already has an F1 drivers championship under his belt, and having only just turned 30, still has enough years to get back into F1 in 11' or 12' if he decides to come back.

      To me, it seems he hasn't been too happy in F1 lately. He didn't seem to like McLaren much when he left at the end of 05', and didn't seem to fit in with the Ferrari team all that well. What team would be a good match for him, I'm not sure. Perhaps Red Bull, although they seem to have too many drivers to choose from already. The man can drive for sure, but the culture of F1 doesn't seem to sit all that well with him.

      I could be wrong however.
      • 5 Years Ago
      Anyone know if/what he gets paid if he races in another series next year (ie WRC)? Is the 17 million the amount he gets if he can't find a "suitable" F1 driving job or any racing job?
      HotRodzNKustoms
      • 5 Years Ago
      I doubt he's worried about the money... though a few million extra Euros is nothing to sneeze at.
        • 5 Years Ago
        @HotRodzNKustoms
        i'd take the 17 million and spend a year racing rally cars. he likes rally more than F1 anyway
      • 5 Years Ago
      doesnt 5+5=10?

      what am i misreading here?
        • 5 Years Ago
        "McLaren is reportedly offering Raikkonen only 5 million euros to drive for them, knowing that Ferrari – and migrating sponsor Santander – will cough up the rest."

        It's 5 million Euro (not dollars) from McLaren, and 10 million Euro from Ferrari & Santander. The current exchange rate is $1.4997 to 1 Euro so he would make $22.5 million if he races or $25.5 million if he sits out. I'm wagering that some how the difference will be made up by McLaren. But, if they don't, there's too many open seats to let a driver of Kimi's caliber sit for a year. I know he says he'll only drive for a top team, but who's to say that he wouldn't change his mind if someone like Sauber or USF1 (examples only guys, no speculation) threw a number out there that he couldn't refuse.
      • 5 Years Ago
      I could make do with a 17m Euro salary to sit around and not work. Then again, I would probably take no salary if I got to have Kimi's job.
      • 5 Years Ago
      i just threw up ew
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