Newey's £30m Aston Martin salary vs Hamilton & Verstappen's earnings in Formula One.

One of the highest-paid British athletes.

September 10th 2024.

Newey's £30m Aston Martin salary vs Hamilton & Verstappen's earnings in Formula One.
Lawrence Stroll, the owner of Aston Martin, recently made a bold move in signing legendary Formula One car designer Adrian Newey. This signing has been highly anticipated and has made Newey one of the highest-paid sportsmen in Britain, with a salary that nearly matches that of Sir Lewis Hamilton's.

The official announcement of Newey's arrival at Aston Martin was made on Tuesday, marking a huge coup for the team. This comes after Newey announced his departure from Red Bull, where he had spent an impressive 18 years. Throughout his career, Newey has designed cars that have won a total of 13 drivers' championships and 12 constructors' championships. With this track record, it's no surprise that Lawrence Stroll believes Newey can turn Aston Martin into a title contender.

Newey will officially start working with the British team in March 2025, with the title of Managing Technical Partner. But many are curious about his salary at Aston Martin. Reports from BBC Sport and Sky Sports state that Newey has signed a five-year contract with the team, with a base salary of £20 million per year. This amount can potentially increase to £30 million with bonuses and additional perks. This would make Newey one of the highest-paid individuals on the 2024 grid, behind only Max Verstappen and Lewis Hamilton.

It's worth noting that Verstappen's salary is believed to be around £42.1 million, while Hamilton's is around £34.4 million. However, these numbers do not include bonuses, which are usually paid at the end of the year based on performance. In 2023, Verstappen reportedly received a total of £53.5 million, making him the highest-paid driver in F1. Newey's salary also surpasses that of Aston Martin's two current drivers, Fernando Alonso and Lance Stroll, who earn £13.7 million and £2.2 million respectively.

But these numbers may change in the future, as almost every driver on the grid has either signed a new contract or agreed to switch teams for the 2025 season. The current highest-paid drivers, Verstappen and Hamilton, are also expected to see changes in their salaries. Hamilton is rumored to receive a salary increase when he joins Ferrari, while Sainz, the man he is replacing, may have taken a pay cut to join Williams.

Newey's arrival at Aston Martin has also been met with excitement from fans, as he will be working alongside Alonso, a two-time world champion. The two have been fierce competitors in the past, and Newey revealed that they almost worked together in 2008. He also expressed his admiration for Alonso, calling him a legend of the sport and stating that he is looking forward to working with him.

Overall, Newey's signing at Aston Martin has caused quite a stir in the F1 world. With his impressive track record and high salary, he is sure to bring a wealth of knowledge and expertise to the team. Fans can't wait to see what Newey and Aston Martin can achieve together in the future.

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