December 20, 2007

Schumacher to earn more NOT racing that most professional drivers racing.

According to Bild-Zeitung, Michael Schumacher will earn 35 million Euros in the next seven years in a deal orchestrated by his manager Willi Weber. At the Race of Champions, Schumacher was for the first time wearing a (rather ghastly looking) white driving suit with space rented out at the tune of 5 million Euro a year until 2014.

The sponsors, Deutsche Vermögensberatung, Shell and Omega have been associated for a long time. And I'm sure Puma and Alpine Stars chipped in something.

It is worth noting that Schumacher, who gave 7.5 million Euro to the Tsunami relief fund in 2005, reserved the largest patch on suit for ICM, a spinal chord injury research institute in France. He has donated his 500.000 Euro purse from the Race of Champions to that cause.

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