• Nov 24, 2010
Winning the Formula One World Championship may be motivation enough. But as an added reward, Red Bull chief Dietrich Mateschitz is reportedly giving each of his employees at Red Bull Racing a big fat bonus for having taken home both titles this year.

According to reports, each of the 500+ staff members at the team's headquarters in Milton Keynes, England, will receive at least £10,000 (~$16k), but that's just the tip of the proverbial iceberg. Some senior staff members stand to rake in up to £42k ($67k), while Sebastian Vettel – the driver who took home the top prize – is expected to get €3 million, equivalent to over $4 million in American terms.

With Mateschitz many times over a billionaire and the team waiting for nearly $100 million in purse winnings for the titles, the team can easily afford the bonuses, and are certainly most deserving.

[Source: PistonHeads | Image: Vladimir Rys/Getty]


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  • 15 Comments
      • 4 Years Ago
      I got to wonder how much the floor sweeper receives ?
        • 4 Years Ago
        £10k. Everyone on the team gets the same bonus (unless they have a higher figure in their contract, which isn't many). Last year the prize for 2nd was £8k.
        • 4 Years Ago
        £10k. Everyone on the team gets the same bonus (unless they have a higher figure in their contract, which isn't many). Last year the prize for 2nd was £8k.
      • 4 Years Ago
      I thought they were going to stop bonuses too. Either way, good to see the company is spreading the money around to the employees.
        • 4 Years Ago
        the constructors title was apperantly 75 million pounds, that's why
        i read this a week ago.
      • 4 Years Ago
      Disambiguation Editor badly needed at Autoblog!
      • 4 Years Ago
      Bull Market
      • 4 Years Ago
      do that many people drink red bull?
        • 4 Years Ago
        Apparently so.

        Also, where do I sign up for a new job with Red Bull?
      • 4 Years Ago
      Title is very misleading. I guess most people would interpret that the employees' fat bonus cheques were "cut" as in decreased as opposed to "cut" as in written. Maybe "Red Bull reportedly WRITING employees fat bonus checks for winning world championships" would have been a more apt title.
      • 4 Years Ago
      Those bonuses aren't very big at all, well except for the driver, even then not an extraordinarily big bonus for top athletes, downright puny compared to Wall Street types.
      • 4 Years Ago
      Vettel got a 4 million dollar bonus? I thought it would be more considering Jimmie Johnson got 5.7 million from Sprint for winning the championship in lowly old NASCAR.
      • 4 Years Ago
      I used to sideline at red bulls hangar7. salary was pretty lousy...
      • 4 Years Ago
      Hey if the drivers aren't happy with it I'll gladly take if from them! :D
      • 4 Years Ago
      Hey if the drivers aren't happy with it I'll gladly take their job! :D
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