May 18, 2022

“Sebastian Vettel suffered massive pay cut” – Reports suggest quadruple world champion’s move to Aston Martin came at a price


Sebastian Vettel spent five seasons racing at Ferrari and moving closer to the championship before moving to Aston Martin in 2021.

The 2020 season did not end well for Sebastian Vettel or Ferrari. The Italians finished the season in sixth place while the German finished in 13th place in the drivers’ championship. At the end of the 2020 season, Ferarri and Vettel went their separate ways.

The German driver started a new chapter with Aston Martin in 2021. But reports say he had to accept a massive pay cut for the move.

A report of RacingNews365 said Vettel earned $ 30 million from Ferrari in salary and endorsements. That salary ranked him 18th on Forbes’ list of highest paid athletes in 2017.

Reports say that in 2021, Vettel earned $ 15 million excluding bonuses and referrals. But with Lawrence Stroll’s new project, it looks like Vettel can rebuild his career and his salary.

The report also revealed that Vettel’s net worth from his F1 career that began in 2007 is estimated at $ 140 million. It is sponsored by watch brands Casio, Shell, Infiniti and clothing brand Pepe Jeans.

When the four-time world champion joined Aston Martin, Stroll said: “We are delighted to have Sebastian on our team. We plan to continue working with him next year and beyond.

Also read: McLaren boss predicts Mercedes won’t dominate in 2022 as he expects title challenge from multiple teams

Aston Martin satisfied with Sebastian Vettel

Sebastian Vettel did not have a very successful first year with the British team but he clearly satisfied the team and their crew with his personality.

He won a lot of hearts and respect in his first year in 2021. Former CEO Otmar Szafnauer described the Germans as “brilliant”. He said, “He’s such a man of integrity, he works hard, has a great work ethic, leaves no stone unturned.

“Engineers love to work with him, mechanics love him as a person. He’s just a genuine guy. And that goes a long way in life.

With the new technical challenges coming for the 2022 season, it will be interesting to see how Vettel approaches the championship.

Also read: Sergio Perez discusses his lack of preparation to compete for Red Bull in 2021