When "pay to Drive" Diniz scores points,does Tom give money back?

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by r johns » Sat, 30 May 1998 04:00:00


What is the bonus scheme for these people?

Does Pedro have to give Tom more money for driving a good Car?

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Lucy Law » Sat, 30 May 1998 04:00:00



Quote:
> What is the bonus scheme for these people?

> Does Pedro have to give Tom more money for driving a good Car?

Time to get a few things straight. Or rather as straight as I can given
what I think I know! ;-)

AFAIK Pedro does not give any money to Arrows, nor does his Dad or any
other members of his family! His sponsors give money to the team, as do
every single other driver's sponsors. OK so some *teams* have sponsors of
their own, but most of these are attracted by the lure of the status of the
drivers as well (except maybe Rosset?!).

So drivers are effectively paying their own salaries (more or less) with
the money they bring in to the teams directly and indirectly through
sponsorship. It's one of the considerations made by team owners when they
decide who they want to drive for them. Damon brought in *lots* of cash to
Arrows last year - not that it did them much good, but it was definitely
part of the reason they employed him.

If I remember correctly, Pedro is known as Mr "pay to drive" because a
large proportion of the sponsorship money he brings to his team comes from
Parmalat. They give the money *partly* because Pedro's family business
(large supermarket chain) put the Parmalat products in prime positions in
return.

So it does annoy me when people slag off Pedro as a spoilt brat who buys
his drive, it's not true and anyway he's hardly any worse than the majority
of the F1 field in that respect.

Lucy
--

//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//
Opinions expressed are mine & not my employers - Lose marbles to reply
----------------------------------------------------------------------
Read my F1 "ramblings" at Pitlane F1 - http://www.pitlane.com/lucy
----------------------------------------------------------------------
Sarah Kavanagh - the next woman Formula 1 driver? Let's hope so!!
http://www.sarah.org/sarah/rasf1 (login: rasf1 & password:gogirl)
//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Jon Petersso » Sat, 30 May 1998 04:00:00


Quote:
>What is the bonus scheme for these people?
>Does Pedro have to give Tom more money for driving a good Car?

There is a slight misunderstanding concerning Pedro. He does not pay Tom to
drive. In fact, Tom pays Pedro a salary for driving for him. Pedro's big
plus is that whatever team he drives for receives heavy sponsoring from
Parmalat, who is a large supplier to Pedro's father's company. So, you see,
it's not Pedro's money Tom gets. It's not even Pedro's father's money - not
directly anyway.

If Tom has a bonus scheme, which I believe he does, I'm certain it's the
same for Pedro as for Mika.
---
Jon Petersson (http://user.tninet.se/~rdv654m/Jon.html)

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Jon Petersso » Sat, 30 May 1998 04:00:00

Lucy Laws skrev i meddelandet

Quote:
>So it does annoy me when people slag off Pedro as a spoilt brat who buys
>his drive, it's not true and anyway he's hardly any worse than the majority
>of the F1 field in that respect.

Applause!

I wrote almost the same reply before I read yours, but I forgot to add that
it annoys me too.

In my opinion Pedro is a hugely underrated driver. I'm not saying he's a
*top* driver, but he shouldn't be rated any lower than, say... Jean Alesi.

I'm pretty convinced that the driver that currently brings the most sponsor
money to any team he drives for is Michael Schumacher... "Pay-driver",
anyone? ;-)

Besides, Pedro is *much* cooler than most current drivers!
---
Jon Petersson (http://user.tninet.se/~rdv654m/Jon.html)
Forza Pedro!

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by r johns » Sat, 30 May 1998 04:00:00

Lucy,"Yes " would have done fine.

Thanks for your efforts though.

Question.

I have seen a comment from Pedro,possibly in F1 Magazine ,
in reaction to the question "Do F1 drivers get paid too much?".

His comment was that he doesn't know, he has never been paid!!

It is on this comment that I based my original question.

Was this comment a bitter comment or a flippant one?

Thanks.

Quote:



>> What is the bonus scheme for these people?

>> Does Pedro have to give Tom more money for driving a good Car?

>Time to get a few things straight. Or rather as straight as I can given
>what I think I know! ;-)

>AFAIK Pedro does not give any money to Arrows, nor does his Dad or any
>other members of his family! His sponsors give money to the team, as do
>every single other driver's sponsors. OK so some *teams* have sponsors of
>their own, but most of these are attracted by the lure of the status of the
>drivers as well (except maybe Rosset?!).

>So drivers are effectively paying their own salaries (more or less) with
>the money they bring in to the teams directly and indirectly through
>sponsorship. It's one of the considerations made by team owners when they
>decide who they want to drive for them. Damon brought in *lots* of cash to
>Arrows last year - not that it did them much good, but it was definitely
>part of the reason they employed him.

>If I remember correctly, Pedro is known as Mr "pay to drive" because a
>large proportion of the sponsorship money he brings to his team comes from
>Parmalat. They give the money *partly* because Pedro's family business
>(large supermarket chain) put the Parmalat products in prime positions in
>return.

>So it does annoy me when people slag off Pedro as a spoilt brat who buys
>his drive, it's not true and anyway he's hardly any worse than the majority
>of the F1 field in that respect.

>Lucy
>--

>//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//
>Opinions expressed are mine & not my employers - Lose marbles to reply
>----------------------------------------------------------------------
>Read my F1 "ramblings" at Pitlane F1 - http://www.pitlane.com/lucy
>----------------------------------------------------------------------
>Sarah Kavanagh - the next woman Formula 1 driver? Let's hope so!!
>http://www.sarah.org/sarah/rasf1 (login: rasf1 & password:gogirl)
>//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//\\//

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by niko Solitande » Sat, 30 May 1998 04:00:00

Quote:

> Lucy,"Yes " would have done fine.

> Thanks for your efforts though.

> Question.

> I have seen a comment from Pedro,possibly in F1 Magazine ,
> in reaction to the question "Do F1 drivers get paid too much?".

> His comment was that he doesn't know, he has never been paid!!

> It is on this comment that I based my original question.

> Was this comment a bitter comment or a flippant one?

This year, Tom pays him around 1 million $ according to the latest issue
of all our favourite gloss-glam mag, F1 Racing.

niko

Nikodemus Solitander

-----------------------------------------------------------------
Always up-to-date news and reports on Le Mans and
the FIA GT Championship at GT Racing Online Magazine
http://personal.inet.fi/business/gtrace/
------------------------------------------------------------------
GT Racing Online Magazine support the following
young drivers, please visit their sites:

Mark Webber - Following the footsteps of Alan Jones.
http://www.yellowpages.com.au/webber/
------------------------------------------------------------------
 Marybeth Harrison -North America's hottest up and
 coming female driver.
  http://www.mach1-racing.com
 -----------------------------------------------------------------

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Ron Sieme » Sat, 30 May 1998 04:00:00

Quote:

>Lucy,"Yes " would have done fine.

>Thanks for your efforts though.

>Question.

>I have seen a comment from Pedro,possibly in F1 Magazine ,
>in reaction to the question "Do F1 drivers get paid too much?".

>His comment was that he doesn't know, he has never been paid!!

>It is on this comment that I based my original question.

>Was this comment a bitter comment or a flippant one?

Don't know the details either, but just thought I'd add, in a recent list
of formula-1 driver salaries, the following were all listed separately as
drivers buying their seats with sponsorship money.  

Who knows exactly what it means, but maybe Pedro really doesn't get paid
anything...

Pedro Diniz,      DM 5 million
Ricardo Rosset,   DM 3 million
Tornaosuke Takai, DM 2 million
Esteban Tuero,    DM 1.5 million
Shinji Nakano,    DM 1 million

Looks like Pollock has the worst of the bunch, but he doesn't pay the most...
Hhhm, actually Diniz may be the best of these...

Ron Siemens

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Cesar D'Ago » Sat, 30 May 1998 04:00:00

Quote:

>Don't know the details either, but just thought I'd add, in a recent list
>of formula-1 driver salaries, the following were all listed separately as
>drivers buying their seats with sponsorship money.  
>Who knows exactly what it means, but maybe Pedro really doesn't get paid
>anything...
>Pedro Diniz,      DM 5 million
>Ricardo Rosset,   DM 3 million
>Tornaosuke Takai, DM 2 million
>Esteban Tuero,    DM 1.5 million
>Shinji Nakano,    DM 1 million
>Looks like Pollock has the worst of the bunch, but he doesn't pay the most...
>Hhhm, actually Diniz may be the best of these...

I think that Schumacher should head this list (undisclosed amount?), otherwise
Ferrari wouldn't be paying as much for his salary, would them?  Afterall, this
is real business and there's no room for philantropy in F1.  Or am I missing
something here?  

Csar

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Ron Sieme » Sat, 30 May 1998 04:00:00

Quote:

>I think that Schumacher should head this list (undisclosed amount?), otherwise
>Ferrari wouldn't be paying as much for his salary, would them?  Afterall, this
>is real business and there's no room for philantropy in F1.  Or am I missing
>something here?  

>Csar

Well, Ferrari is an auto-manufacturer as well, so there are benefits outside
of F1 to having someone like Schumacher.  Ferrari did have record sales in
'97, and this is supposedly in part due to their success in F1 that year and
having Schumacher aboard.  Yup, it's still all business.

Schumacher's income...

$ 25 million   Ferrari salary ( I think Fiat/Ferrari does really foot the bill )
   8 million   sponsors ( Dekra, Nike, Shell, DVAG, Omega, Technogym, Zentis )
   5 million   royalties from MS Collection

Don't forget to subtract Willi Weber's 20 % !!!  Yow!... Talk about business.

Ron Siemens

 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by Tuomo O. Vuolteenah » Sat, 30 May 1998 04:00:00

Quote:

> I think that Schumacher should head this list (undisclosed amount?),
> otherwise Ferrari wouldn't be paying as much for his salary, would them?
> Afterall, this is real business and there's no room for philantropy in
> F1.  Or am I missing something here?

Yes. 1) Schumacher may very well be worth the millions he's paid because
his the best overall driver. 2) Schumacher's reputation as the
acknowledged best driver is valuable to Ferrari -- they were able
to increase their sponsorship funding significantly when Schumacher was
hired.
                                                                Tuomo
 
 
 

When "pay to Drive" Diniz scores points,does Tom give money back?

Post by *BANNED! » Sun, 31 May 1998 04:00:00

Quote:

>Don't know the details either, but just thought I'd add, in a recent list
>>Pedro Diniz,      DM 5 million
>Ricardo Rosset,   DM 3 million
>Tornaosuke Takai, DM 2 million
>Esteban Tuero,    DM 1.5 million
>Shinji Nakano,    DM 1 million

>Looks like Pollock has the worst of the bunch, but he doesn't pay the
most...
>Hhhm, actually Diniz may be the best of these...

Diniz is certainly showing constant improvement,I doubt he will have to pay
as much next year.   I doubt that Takagi will pay  _anything_  next year.

dab