Inside the Fast Lane: Verstappen Tops F1 Earnings as Hamilton Prepares Ferrari Move
Formula 1 Driver Earnings: What Are the Salaries of Each Racer?
Based on estimates from RacingNews365, Max Verstappen continues to hold the position as the top-earning driver in Formula 1.
For many years, Lewis Hamilton held the title of the highest-paid driver in Formula 1, but he has now fallen behind Verstappen. His earnings for 2024 are based on the contract he inked with Mercedes last summer. However, this will be his last season with the team, as he is set to move to Ferrari in 2025, where he will also enjoy a salary increase.
Charles Leclerc has inked a fresh contract with Ferrari ahead of the 2024 season, positioning him as the third most highly paid driver.
Lando Norris signed a new contract with McLaren in the first weeks of 2024, which places him as the fourth highest-paid driver.
George Russell from Mercedes and Fernando Alonso from Aston Martin are tied for the fifth position.
Prominently at the opposite end of the ranking are RB's Yuki Tsunoda and Williams' Logan Sargeant.
The 2024 season is anticipated to be particularly eventful, as many drivers will have contracts concluding at the year's end, allowing them the opportunity to negotiate new agreements with other teams.
Mercedes is looking for a driver to take Hamilton's place, and there's a chance that Red Bull might part ways with Sergio Perez to bring in someone new, leading to two lucrative openings in the racing world.
Formula 1 drivers receive a base salary, as shown in the list above, and have the opportunity to earn additional bonuses for winning races and championships.
This indicates that Verstappen's earnings will significantly exceed his standard salary of $55 million.
In 2023, Forbes calculated that Verstappen's income, including bonuses, amounted to $70 million.
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From Track to Treasure: The Wealthiest Formula 1 Drivers of All Time
The top ten wealthiest Formula 1 drivers ever
Formula 1 is known for generously compensating its drivers, a fact evident from the opulent residences found in Monaco.
There is plenty of money involved in the major contracts that today’s F1 drivers have, as well as those that legendary drivers from the past benefited from.
Numerous F1 drivers who boast significant net worths have accumulated their wealth over an extended period.
According to estimates by GQ, these are the wealthiest Formula 1 drivers in history.
10. Alain Prost – £78 million
Alain Prost, the French driver, once held the record for the highest number of Formula 1 grand prix victories. This record stood for many years until it was eventually broken by Michael Schumacher.
Alain Prost secured four Formula 1 world titles, yet his career was marked by numerous contentious incidents.
His legendary rivalry with Ayrton Senna is well-known.
9. Eddie Irvine – £93 million
Hailing from Northern Ireland, Eddie Irvine raced in Formula 1 from 1993 to 2002. He achieved notable success in 1999 when he finished as the second-place driver for
Irvine amassed a highly successful collection of real estate investments, which significantly boosted his wealth.
8. Mario Andretti – £101 million
The American racing driver claimed victories in Formula One, IndyCar, the Daytona 500, Nascar, and the World Sportscar Championship.
The Andretti family might make a comeback in Formula 1, with a team managed by Mario Andretti's son, Michael.
7. Sebastian Vettel – £109 million
The German driver has secured four Formula 1 world titles, leading Red Bull to its initial series of victories in the sport.
A subsequent stint with Ferrari didn't bring much success on the track, but it significantly boosted Vettel's financial earnings.
Last year, he concluded his Formula 1 career following two seasons with Aston Martin. However, there is a possibility that he could be lured back into racing by participating in the World Endurance Championship in 2024.
6. Jenson Button – £117 million
Jenson Button, the 2009 Formula 1 world champion, secured a highly lucrative contract with McLaren following his championship victory with Brawn.
Button is involved in numerous business ventures beyond his career in Formula 1. Additionally, he serves as a television presenter for Sky.
5. Niki Lauda – £157 million
The iconic race car driver clinched three Formula 1 world titles, with his most significant stints being with McLaren and Ferrari.
In addition to authoring books, he was also involved in owning and selling an airline, and he served as a muse for the film 'Rush' alongside James Hunt.
4. Kimi Raikkonen – £143m
When Kimi Raikkonen initially joined Ferrari, he secured an extraordinarily lucrative contract, placing him among the top earners in the world of Formula 1.
Raikkonen has put money into real estate, has participated in the World Rally Championship and NASCAR as a driver, and currently holds the position of team principal in motocross.
Fernando Alonso – £204 million
In 2023, Fernando Alonso continues to excel in Formula 1, contributing to his substantial wealth. The two-time world champion has raced for several prominent teams, including Renault, Ferrari, McLaren, Alpine, and currently Aston Martin.
2. Lewis Hamilton – £223 million
Lewis Hamilton's many profitable contracts in Formula 1, bolstered by his seven world championship titles, have significantly increased his wealth. His recent agreement to remain with Mercedes for an additional two years will further enhance his earnings. Beyond racing, Hamilton has substantial investments in the business sector, such as a stake in the Denver Broncos and a vegan burger company valued at £100 million.
1. Michael Schumacher – £472m
Michael Schumacher, a legendary figure in the world of sports, had his remarkable seven Formula 1 championships matched by Lewis Hamilton. His time with Ferrari is not only memorable in the history of Formula 1 but also stands out as one of the most remarkable eras achieved by any athlete with any team.
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From Maverick to Maestro: Guenther Steiner Observes a Hamilton-esque Evolution in Fernando Alonso’s F1 Comeback
Guenther Steiner observes a transformation in Fernando Alonso similar to Lewis Hamilton
Guenther Steiner has pointed out that Fernando Alonso, in his return to Formula 1, has developed traits reminiscent of Lewis Hamilton.
Ex-Haas F1 team principal Guenther Steiner has observed a transformation in Fernando Alonso, comparable to that of Lewis Hamilton, over the past few years.
Following a challenging stint with McLaren from 2015 to 2018, Alonso stepped away from Formula 1 for two years to participate in the World Endurance Championship.
Alonso claimed victory at the Le Mans race on two occasions and also secured the World Endurance Championship title driving for Toyota
The Spanish driver lost his passion for Formula 1 during a period without any victories, a situation that continues into 2024.
When he came back to Alpine in 2021, Alonso seemed revitalized.
He made a comeback to the podium during the 2021 Qatar Grand Prix and later experienced his most successful season since his time with Ferrari, while racing for Aston Martin in 2023.
A point of criticism against Alonso was his struggle to collaborate effectively within a team setting and his tendency to openly reprimand his teammates.
In his book 'Unfiltered', Steiner highlighted a significant adjustment Alonso has implemented in his second period in Formula 1.
In my view, during his time away from Formula 1, Fernando not only clinched the World Endurance Championship and secured two victories at Le Mans, but he also mastered the art of using his ego to his advantage—something he might not have managed as effectively in earlier years, according to Steiner's writing.
"Observe him currently. He exudes calmness, confidence, and behaves impeccably, allowing him to focus all his mental and physical efforts on excelling in his racing performance. In this way, he resembles Lewis Hamilton a great deal."
In 2024, Alonso has continued to deliver outstanding individual performances, but Aston Martin has fallen behind in the rankings.
Aston Martin achieved a fifth-place finish in the 2024 Formula 1 constructors' championship, trailing significantly behind Mercedes, which took the fourth spot.
The team, under the ownership of billionaire Lawrence Stroll, is making plans for what lies ahead.
In the early part of this year, they finalized a contract with Adrian Newey, who is known as a design expert from Red Bull. He is scheduled
Former Mercedes executive Andy Cowell and Enrico Cardile have become part of the team.
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Adrian Newey’s ‘Bargain’ £30m Payday: The F1 Genius Set to Transform Aston Martin
A potential £30 million payout is being discussed, yet Adrian Newey is considered a "bargain" and is said to earn less than he deserves. Martin Brundle often remarks that Newey's salary is surprisingly low for his value.
It has been asserted that the substantial salary Adrian Newey receives from Aston Martin will be a valuable investment.
The chief technology officer from Red Bull is only a few months from beginning his new role at Aston Martin, where he will serve as the managing technical partner and hold a stake in the company.
According to reports, Lawrence Stroll, the billionaire behind Aston Martin, plans to offer Adrian Newey a salary that exceeds what 18 out of the 20 current Formula 1 drivers earn, as part of his quest for success.
According to Craig Slater from Sky Sports, the number he is most certain of, amidst many publicly available figures, is an annual base salary of $25 million, which is slightly less than £20 million.
"The bonuses have the potential to increase the amount by an additional 50%, bringing the total to £30 million."
The contract is set for a five-year duration, but it remains indefinite since he holds shares in the company. Therefore, it might continue indefinitely.
"These conditions are more advantageous than those proposed by any competitors."
Eddie Jordan was a strong advocate for Newey, pushing hard during negotiations. Initially, the asking price was set at $50 million, but Lawrence Stroll managed to negotiate a lower figure. This is the information I have received.
Martin Brundle frequently claims that Newey is not compensated as well as he should be.
Ted Kravitz commented, "That's quite a deal. According to Stroll, he considers it a steal."
"If a team advances from fifth to fourth place in the constructors' standings, it results in an additional £15 million. Climbing from fifth to first place over a few years could potentially bring in £50 million."
Slater mentioned, "He will be employed here on a full-time basis. While at Red Bull, he participated in various other initiatives."
He indicated his intention to work diligently. The focus remains on Formula 1, with any road car projects planned for the future.
"The main goal is to ensure that the Formula 1 team starts achieving victories."
Newey is set to commence his role with the team located in Silverstone beginning in March.
The most accomplished car designer in the history of Formula 1 will have the opportunity to supervise the development of Aston Martin's vehicle for the 2026 season, which could provide the team with a significant edge when the new rules are implemented.
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From Silence to Solidarity: Martin Brundle Reveals the Misunderstanding Behind His Five-Year Rift with Michael Schumacher
Martin Brundle reveals the reason behind Michael Schumacher's five-year silence towards him. Schumacher remained uncommunicative with Brundle for half a decade.
Renowned Formula 1 commentator Martin Brundle disclosed that Michael Schumacher, who has won the world championship seven times, did not communicate with him for a period of five years.
After stepping away from his career as a Formula 1 driver in the late 1990s, Brundle has consistently been a fixture in the commentary booth.
Brundle is famous for his pre-race grid walks and his sometimes uncomfortable encounters with celebrities.
During a discussion on the Sky F1 podcast, Brundle looked back on his distinguished career in broadcasting after retiring from racing.
While discussing the matter, he mentioned his connection with Schumacher.
In 1992, Brundle raced alongside Schumacher as his teammate at Benetton, but he was replaced for the next season.
The British commentator provided coverage for Schumacher's numerous championship victories with Ferrari, as well as his return to racing with Mercedes in 2010.
Brundle revealed that he and Schumacher had no communication for a period of five years when questioned about his interactions with him.
In an explanation, Brundle mentioned: "Interestingly, we had a disagreement due to a comment I made that was misinterpreted, translated into German, and then used as a newspaper headline."
Michael became extremely agitated, and to this day, I still don't understand the reason. He refused to talk to me for five years, which was quite strange.
"After that, we ended up getting intoxicated together at a nightclub in Valencia while he was taking a break between his time at Mercedes and his move to Ferrari."
"After that moment, everything was good between us. He was leaning on my shoulder, saying, 'You're my teammate, you're my teammate!'"
"It helped ease the tension once more. I'm still unsure about what the issue was, but it was truly unfortunate."
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Red Bull’s ‘Villain’ Concerns and the Mercedes Influence: Inside the Making of Brad Pitt’s F1 Movie
Red Bull worried about being labeled as 'villains' due to Mercedes' involvement in F1 film
F1 teams expressed worries about how they would be depicted in Brad Pitt's movie
The director has disclosed that Red Bull was concerned about being portrayed as the "villain" in the forthcoming Formula 1 film.
Lewis Hamilton is taking on the roles of producer and advisor for the upcoming movie titled 'F1,' featuring Brad Pitt, which is set to premiere next year.
Co-producer Jerry Bruckheimer clarified that actual Formula 1 teams were worried about their portrayal in the film.
According to Bruckheimer, the intriguing aspect is that once they partnered with Mercedes, the other teams expressed concern, saying: "Hold on, this film will focus on Mercedes, and we'll end up looking unfavorable."
Red Bull stated, "We have decided to take on the role of the antagonists."
"We spent three years persuading them that they wouldn't be portrayed as the bad guys."
"We have reached a point where every team is relying on us for assistance."
The vehicles used in the "F1" movie were manufactured by Mercedes.
They supplied a vehicle that met Formula 2 specifications, but it was modified to resemble a contemporary Formula 1 car.
Hollywood icon Brad Pitt took a spin around the Silverstone circuit during the 2023 British Grand Prix to film scenes for an upcoming movie.
Over the last two racing seasons, Pitt has frequently appeared in Formula 1 paddocks, donning the racing gear of his character, Sonny Hayes.
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Strategic Coup: Aston Martin’s Bold Move with Adrian Newey Set to Reshape F1 Landscape by 2026
Aston Martin's competitors might come to regret not hiring Adrian Newey. "Eventually, the outcome will be victory."
Lawrence Stroll is recognized for outpacing his major competitors in securing Adrian Newey's contract.
In March, Newey is set to leave Red Bull and join Aston Martin, allowing him plenty of time to oversee the development of their 2026 car as the new F1 regulations come into effect.
When Newey joined Aston Martin as both a managing technical partner and a shareholder, it enabled the company to fend off Ferrari's interest.
"According to Carig Slater from Sky Sports, Lawrence Stroll has invested with the expectation of gaining returns."
"How did Aston Martin manage to secure Newey before other potential contenders?"
Many key figures from other teams, who were expected to pursue Newey, expressed that they did not want to engage in a competitive bidding process for his expertise.
"Today, it seems that many people wish they had spent more money and pushed harder to make things happen."
"It seems that, right now, achieving victory at some point appears to be unavoidable."
Ted Kravitz commented: "In my opinion, the other teams did not show the same level of ingenuity as Lawrence Stroll demonstrated."
"Which other teams would have given Newey an equity stake in the company?"
Ferrari was unlikely to offer him any shares. Williams might have considered it, but was Newey interested in facing that challenge? As for McLaren, they wouldn't have provided shares either.
"Toto Wolff and INEOS are not interested in reducing their ownership stake in Mercedes to secure Newey."
Stroll possessed the adaptability and creativity needed to become a high-level partner within the team.
"They might have proposed £30 million or £40 million, or any amount, but Lawrence was innovative."
"This is something we've observed in different sports."
Slater mentioned that if you've read Newey's book, you're aware that this is something he has desired.
"If you're truly committed to acquiring him, figure out how to make it happen."
"I believe Stroll retained most of his stake in the team. It's possible to make him a shareholder without greatly reducing the shares of the main stakeholders."
"He accomplished what was necessary to secure his position. Ultimately, he'll be the one enjoying the outcome."
"Those who missed this chance will eventually wish they hadn't."
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Revving Up for Change: Lewis Hamilton’s Bold Move to Ferrari Without Longtime Engineer ‘Bono
Lewis Hamilton requires a "new beginning" at Ferrari, while Bono remains with Mercedes.
"Transitioning to a new team like Hamilton is involves starting over, which means leaving behind your previous engineer and physiotherapist…"
Jacques Villeneuve, the F1 world champion from 1997, thinks that Lewis Hamilton should "begin anew" when he joins Ferrari for the 2025 season.
Hamilton is set to debut in Ferrari's iconic red at the Australian Grand Prix in March.
During his debut with Ferrari, he will not have the support of his reliable race engineer, Peter ‘Bono’ Bonnington.
Bono won't be joining Hamilton at Ferrari, which means the seven-time world champion will experience working with a new race engineer for the first time since 2012.
The duo shares a strong bond, leading to Hamilton securing six world championships with Mercedes.
Bono additionally coined the popular term ‘Hammertime’ that fans love.
Bonnington has been elevated to a new position as the head of race engineering at Mercedes.
In an interview with Governor Sport, Villeneuve discussed the advantages of beginning entirely anew.
"When you make a significant change, as Lewis Hamilton is doing, it means you begin anew without bringing along your previous team members, such as your former engineer or physiotherapist like Angela Cullen," he stated.
"He has achieved victories driving for both McLaren and Mercedes, so that's not a concern."
In early 2023, Hamilton parted ways with Angela Cullen, an important figure in his close-knit team.
For several years, Cullen served as Hamilton's physiotherapist while he was with the Mercedes team.
Villeneuve stated: "I’m not sure about the dynamics between Angela and Lewis. In my experience, drivers typically depend on their engineers, who are the individuals closest to them during a race weekend."
"The driver consistently relied on this individual, fostering trust in the process. The physiotherapist belongs to the select group of trusted individuals whom the driver depends on."
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Lewis Hamilton’s Ferrari Gamble: A Cautionary Tale from Michael Schumacher’s Final F1 Chapter
Lewis Hamilton Receives Cautionary Message Regarding Michael Schumacher’s Last Formula 1 Competitions
"Hamilton Takes Another Risk with Ferrari"
Lewis Hamilton has been warned that finishing his Formula 1 career on a high note isn't assured, as even Michael Schumacher couldn't achieve it.
David Coulthard has conveyed the disappointing news that Hamilton's switch to Ferrari may not yield the results he is anticipating.
In 2025, Hamilton is set to leave Mercedes and join Ferrari, aiming to secure his record-breaking eighth Formula 1 championship.
He would surpass Schumacher, who had returned from retirement for a three-year period with Mercedes but did not manage to secure another grand prix victory during that time.
In an interview with the Daily Mirror, Coulthard stated, "Lewis Hamilton is not the sole focus of Mercedes, and Hamilton himself has expressed that he is not solely dedicated to the team."
Similarly, when Michael returned from retirement to join Mercedes, it was hard to picture him as anything other than a legendary figure associated with Ferrari.
However, the appeal of returning to Mercedes, coupled with his confidence and determination that he could still succeed, drew him back.
"He spent a few years there and performed decently, but it wasn't quite like his initial experience in Formula 1."
Former Formula 1 racer Coulthard commented, "Lewis is taking another gamble with Ferrari."
"This could potentially result in a revitalization of his performance and a battle for the world championship title. However, it will be difficult as he needs to overcome the speed of Charles Leclerc."
The pairing of Hamilton and Leclerc in Ferrari's revamped team is astonishing in theory.
However, Coulthard is concerned that Hamilton may not be able to surpass Leclerc, especially since he has been consistently outperformed in qualifying by his Mercedes teammate, George Russell, throughout the year.
According to Coulthard, a crucial element shared by all the legends throughout history is their ability to qualify and compete in races.
"If Lewis, who is now 40, has slowed down in his football abilities, he might find it challenging to outperform Charles throughout the year."
"That's a valid question that people ought to be asking, but it's his responsibility to provide the answer."
"The responsibility is his, and it's not our place to belittle him or claim he's incapable."
"Each of these individuals has the power to determine their own future."
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Fernando Alonso’s Quest for a Third F1 Title: Testing the Limits of Mental Will at 45 with Adrian Newey’s Expertise
Fernando Alonso's determination to compete for a championship at the age of 45 is set to be challenged. "Adrian mentioned that it comes down to mental determination."
It has been proposed that Fernando Alonso needs to conquer the mental determination necessary to secure another F1 championship victory.
Fernando Alonso, driving for Aston Martin, stands to gain from collaborating with Adrian Newey as he approaches the final phase of his Formula 1 career.
Currently 43 years old, Alonso unexpectedly sees a chance to enhance his collection of titles beyond the two he secured with Renault.
He has a contract with Aston Martin that lasts until the conclusion of 2026. This will be the inaugural season in which he will drive a car entirely developed by Newey, who is set to join the team.
"Sky Sports' Ted Kravitz remarked that nothing is out of the realm of possibility."
Fernando Alonso will be 44 years old when Adrian initially begins to make an impact. By the time he gets behind the wheel of the first car designed by Newey and competes for the championship, he will be 45.
I inquired with Newey regarding this topic. Adrian mentioned that it largely depends on mental determination. If you still have the speed, but your mind grows weary, you eventually lose the desire to continue.
"If Fernando can defy those expectations and desires to continue, there's no reason preventing him from doing so."
"Could Fernando secure a third championship title at the age of 45? It's possible he might achieve that elusive 33rd victory in 2025 with a car shaped by Newey's expertise."
Both Newey and Alonso have expressed interest in collaborating with one another throughout the years.
Although they nearly ended up on the same team at Red Bull, Alonso ultimately decided not to join the initiative that would eventually lead to championship victories for Sebastian Vettel and Max Verstappen, despite having discussions.
Ted Kravitz recalled that Paul Monaghan, who is currently with Red Bull, used to serve as the race engineer for Fernando Alonso when they were both at Renault.
"He played a significant role in persuading Fernando to join Red Bull in 2009."
"He was nearly there, yet ultimately, it wasn't meant to be."
Starting in March, Alonso will partner with Newey, who he considers his ideal collaborator.
However, he needs to overcome the challenges posed by his age to completely benefit from Newey's exceptional car design skills.
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Adrian Newey’s Aston Martin Revolution: F1 Title Contenders in Three Years with Engineering Dream Team
Adrian Newey's Timeline for Steering Aston Martin into Formula 1 Title Contention
Aston Martin boasts "the two most influential engineers in Formula 1"
According to reports, Adrian Newey has the potential to transform Aston Martin into contenders for the F1 championship in just three years.
Aston Martin succeeded in the crucial effort to hire Newey, notably beating out Ferrari in the process.
When the chief technology officer of Red Bull announced his plans to leave, he quickly became one of the most sought-after figures in the Formula 1 community.
According to Sky Sports' Ted Kravitz, this development has a transformative impact on Formula 1, Aston Martin, and the drivers' futures.
"We are situated on property that was once owned by Eddie Jordan at the Silverstone facility. Jordan, who manages Newey, has been exceptional in handling negotiations."
"It's monumental."
"It's more complicated than just stating that Newey has joined the team formerly known as Jordan."
"Such an incredible team, an outstanding facility, significant investment, and promising future opportunities…"
"With Newey joining the team, they are expected to compete for the championship within two years, and at most, three years."
"That's a groundbreaking development for Formula 1."
According to Craig Slater, Newey becomes part of Aston Martin's already formidable team.
"Nuclear fusion is the topic at hand, and we have Andy Cowell and Newey present. One is an expert in engines, and the other in cars," he mentioned.
"In Formula 1, Newey and Cowell stand out as the most influential engineers. Over the past three decades, Newey has been particularly noteworthy. During Mercedes' era of supremacy, Cowell is the only one who has been able to rival Newey's impact."
Newey is set to officially become part of Aston Martin in March. This timing allows him to have an impact on the design of their 2026 vehicle, which will be the first under the new regulatory framework.
In 2025, Newey is set to collaborate with Fernando Alonso, fulfilling one of his personal ambitions, alongside teammate Lance Stroll.
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For ten years, James worked as a sports reporter for Sky Sports, where he covered a wide range of events including American sports, soccer, and Formula 1 racing.
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From Coolers to Champions: How Yeti Became an Integral Part of Oracle Red Bull Racing’s F1 Success
Max Verstappen's water cooler holds an interesting tale about a company that has become crucial in the world of Formula 1. Yeti, known for their water coolers, is a sponsor of the Red Bull team, according to Stewart Bell.
Yeti, a partner of Oracle Red Bull Racing, expressed that it is "incredibly honored" to have contributed to Max Verstappen's achievement of his fourth consecutive Formula One World Championship in Las Vegas last Sunday. The American firm joined forces with the team in 2022 with the initial goal of supporting sustainability initiatives at their Milton Keynes headquarters.
The current World Champions have collaborated on several initiatives with the iconic cooler manufacturer, extending far beyond the initial goal of creating reusable items to reduce waste at their facilities. This partnership is a significant point of pride for the multinational corporation, which employs over 1,000 people and is based in Austin, Texas.
Bill Neff, the Head of Marketing at Yeti, expressed his admiration for Oracle Red Bull Racing, highlighting that the team's impressive performance on the track is truly inspiring. He shared these sentiments exclusively with Crash.net, noting that it is an honor for Yeti to feature them among their partners.
Similar to Oracle Red Bull Racing, Yeti started from modest origins. Nearly two decades ago, in 2006, brothers Roy and Ryan Seiders embarked on a mission to create a cooler that they could use daily.
Neff mentions that it was completely unrelated to the various drinkware and other products they create.
The primary concern wasn't how well the cooler kept ice. Ryan was looking for a cooler sturdy enough to stand on so he could cast his fishing line from the side of a boat. The existing coolers available back then were unstable and prone to tipping over and getting damaged. This need led to the creation of our Tundra Hard Cooler.
Similar to the famous quote from the 1989 movie "Field of Dreams," which says, "If you build it, they will come," interest in Yeti's coolers quickly caught on among outdoor enthusiasts in the United States. The trend started with fishing and hunting circles, before expanding to include whitewater rafting enthusiasts and barbecue pitmasters.
Interest significantly increased when Yeti broadened its product line to include more user-friendly drinkware in 2013, while maintaining their 'built tough' philosophy.
The Seiders brothers never imagined they would team up with a Formula One team. However, according to Yeti's Head of Marketing, Neff, this is not just any typical collaboration. Interestingly, it all started with a message through the networking site, LinkedIn.
Oracle Red Bull Racing was collaborating with us on brainstorming sessions, and we decided to take a friendly approach. We have a mutual appreciation, so we thought, why not explore potential opportunities together? That's essentially how it all began," he explains.
They then proposed that Max Verstappen and Sergio Pérez would benefit from having an improved water bottle. Believing we could take on this task, we visited the team and crafted the straws specifically for them. These bottles aren't available for purchase, as they are exclusively made for the team.
"At that point, we realized that these coolers might be perfect for storing our dry ice. We thought, 'Absolutely, that would be fantastic.'"
"We're now assisting in cooling the engines and brakes, which means we're supporting the performance aspect of these cars. Initially, we didn't intend to display our logos on their products, but that's changed. This marks a significant advancement in our collaborative efforts."
For Yeti, collaborating with Oracle Red Bull Racing is ideal since its products directly address the team's requirements, adding significance beyond a standard licensing agreement. Nonetheless, the company still enjoys conventional partnership perks such as hosting events to appreciate its staff and customers.
"We aim to keep things as simple as possible," Neff explains. "Providing hospitality isn't our top priority; instead, we focus on ensuring our products serve as effective tools. However, if I had the chance, I'd attend every race because they're incredibly enjoyable. Austin is a major event for us, as is Melbourne. Silverstone is another race where we consider inviting some guests."
Similar to the other teams in the Formula One paddock, Yeti is already focusing on 2025 to enhance its offerings. This effort is aimed not only at benefiting its partner, Oracle Red Bull Racing, but also at improving the experience for its broader range of customers.
Neff emphasizes the importance of performing to the best of their abilities on all projects for their clients and maintaining active engagement.
"I aspire for us to maintain a strong spirit of collaboration, consistently discovering enjoyable methods that appeal to the [F1] fans, and ensuring that our contributions help the team succeed. These are my aspirations. They have responsibilities to fulfill, and if we can assist them in enhancing their performance – that's fantastic."
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Revving Up for History: Lewis Hamilton’s Anticipated Ferrari F1 Debut Set for January
Speculation arises regarding when Lewis Hamilton might first drive a Ferrari F1 car. A potential date has surfaced for Hamilton's debut in a Ferrari Formula 1 vehicle.
Lewis Hamilton is expected to drive a Ferrari F1 car for the first time in January.
The driver, who has won the world championship seven times, is set to make a major move to Ferrari beginning in 2025, following the end of his 12-year career with Mercedes.
Hamilton couldn't participate in the post-season test in Abu Dhabi because of his contract with Mercedes. However, he is scheduled to drive a 2023 Ferrari at the start of the new year.
According to AutoRacer, Ferrari has not announced an exact date, but the event is planned for January 21 or 22.
The testing is anticipated to take place at one of Ferrari's test circuits, either Fiorano or Mugello. Imola, which is close by, might also be used as a backup option if necessary.
The Italian team is eager to provide the 39-year-old British driver with a chance to get acclimated before the official pre-season testing event in Bahrain, scheduled for February 26-28.
Ferrari's team leader, Fred Vasseur, acknowledged that Hamilton's initial performance will be heavily influenced by the weather conditions.
"We rely heavily on the weather, and January presents challenges," Vasseur mentioned at Ferrari's customary end-of-year media luncheon.
Undoubtedly, it's a moving experience, as he's likely envisioned this moment for around two decades. This means there will be an emotional impact, but after one lap, he must shift his focus!
Initial test days involving TPC (Testing Of Previous Cars) and Pirelli are scheduled, followed by the championship's official kickoff at The O2 on February 18th. The next day, February 19th, the unveiling of the new car will occur. After these events, the team will head straight to Bahrain, commencing a challenging stretch that will continue until the race in Melbourne.
"Indeed, the preparation time is brief, with only about four weeks available at the factory before the initial event, but that's just the way it is."
Vasseur remains unconcerned about Hamilton's adjustment
Vasseur expressed confidence that Hamilton will adapt to Ferrari's F1 cars without any issues, even if he has limited time on the track before pre-season testing begins.
"It's challenging, but he's bringing his own expertise," Vasseur stated. "He's not the newcomer of the year, so I have no concerns about it."
According to Vasseur, Hamilton will participate in multiple simulator sessions to familiarize himself with Ferrari's 2025 car, set to debut on February 19.
The Frenchman stated that, although there is a significant amount of procedure to absorb over the next few days, he is confident that the individual has the experience necessary to handle it.
"We have the benefit of using the simulator, which will allow him to conduct both race and qualifying simulations. This will ensure he is completely ready with the steering wheel and familiar with all the specific details of the car."
"However, this does not concern me, and it is not the most significant hurdle."
Lewis Hamilton will make his debut in Ferrari's iconic red attire at the Australian Grand Prix, which kicks off the racing season on March 16.
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Lewis frequently covers international Grands Prix events for Crash.net. By being present at the races, he provides firsthand accounts and shares the narratives of key figures involved in the sport.
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