Tuesday 23rd November 2010

Red Bull F1 Staff Get £10k Bonus

Windfall for Red Bull Racing staff - and Seb Vettel will get £2.6m of it

---

Everybody at Red Bull F1 is to get at least a £10k bonus, while newly crowned F1 champ Sebastien Vettel has earned himself 3 million euro (£2.6m) extra from Red Bull for his 2010 troubles, says German newspaper, Bild.

Red Bull boss Dietrich Mateschitz is obviously happy with his team's performance this year - every single member of the team's 500-plus staff is getting £10,000 each for helping to bring both F1 championships home to Milton Keynes.

And that's only the basic employees, says Bild - more senior staff are getting up to £42k extra.

Mind you, Red Bull and boss Mateschitz can afford it, he's already a billionaire and the team is looking at a total prize money windfall of £62 million - which more than covers the Austrian's generosity.

Having said that, Mateschitz doesn't give Red Bull a bottomless pit of money - he's told Bild that Red Bull's budget is "roughly in the lower mid-range" of F1 budgets, which he reckons range between "probably 100 and 500 million euros".

^{Pics: Morio}

[BBS-LM]

Happy christmas Red Bull staff, it's nice to see everyone come away with something for there hard work.

[Andysywv]

Good for them, nice to see people getting bonuses for doing an excellent job. As opposed to the extras paid to those in banking for instance

[mikea4tdi]

as it should be, we need to see more of this in engineering disciplines.

[SpeedMattersNot]

Excellent work.

Thats one way to boost moral at work eh?

[[AJ]]

Great to see the success shared like that. Good for them.

[Forbes82]

I would imagine Adrian Neweys bonus wasn't half bad, and totally deserved too, what a car he produced.

[LukeBird]

A fantastic surprise for Red Bull!
Well done chaps & chapesses!

[M666 EVO]

That has put a smile on my face. Was so glad Red Bull and Vettel won and its nice to know hard work IS rewarded in this day and age!! Well done RB

[Oddball RS]

Well done folks - Merry Christmas

[louiebaby]

They're going to be a pretty motivated team next year...

Good way to get the team onside...

[Jasandjules]

Excellent.

Nice to see the people who put in the effort getting a share of the rewards.

[mat205125]

+1 to everything said to date ^^

[Ex Boy Racer]

one way to give them wings...

[nsmith1180]

Am I the only one that thinks that this isn't right??

They are trying to sell Scuderia Toro Rosso because its not financially viable, yet they spunk off what 10 mill in bonuses at the end of the year, when horner and newey are put into it on top of all the others in the factory.

Dont worry about webber tho, hes a number two driver and will get the "normal" 10k!

[Jungles]

Nicely done!

I'm surprised at their budget. Contrast it to that spent by Toyota, for example, with much poorer results.

[jontbone]

wonder what bonus webber will be getting??

[patmahe]

Hard earned and well deserved no doubt, you don't get a team performing like that unless everyone is pulling their weight.

[Devilstreak]

At least I know which mate to bug for a drink this weekend

[TuxRacer]

Nice to see it not all be creamed off at the top.

[Gwagon111]

Great stuff. A boss who really appreciates all the hard work done by his staff over the year is a rare find these days.