Bild has contract details: 'Vettel delivers salary and stays at least one year'

F1 News

11 September 2020 at 09:06
Last update 11 September 2020 at 13:22
  • GPblog.com

Sebastian Vettel has signed a new contract with Aston Martin for 2021. The team currently racing as Racing Point have not announced anything about the deal, but German media know the salary and duration of Vettel's contract.

Vettel was told at the beginning of 2020 that he had to leave Ferrari and since then people have been wondering what Vettel was going to do. It turns out that Aston Martin and the German Bild have more clarity about the contract. Of course, Vettel received a decent salary at Ferrari as a four-time world champion, but he has to sacrifice some of that.

Vettel has to hand in salary

According to the German medium, Vettel will earn 15 million Euros a year at Aston Martin. That is a lot less than the amount that Vettel received at Ferrari. At the Italian race stable, Vettel was on 45 million Euros a year, but with the coronavirus crisis and its effect, the reduced salary is no surprise.

In addition to the amount, there is also more clarity about the duration. According to Bild, there is no question of a multiannual deal. Only for 2021 is it clear that Vettel will be racing, but the long-term project will want to see Vettel first leading the way in order to stay with the team even longer.