Frédéric Vasseur
Ferrari Salary
Team Principal and General Manager
Fred Vasseur's Ferrari Salary and Net Worth
Running Ferrari as team principal and general manager puts Fred Vasseur among the best-paid bosses in F1. Our figure for his base salary is £3m-6m ($4m-8m). Add a bonus of £300k-1.8m ($398k-2.4m) and his year comes to £3.3m-7.8m ($4.4m-10.3m).
Ferrari kept the terms private when it renewed him in July 2025. Crash quoted Sportune’s €6m-8m ($6.8m-9.1m) when he was hired, and Kursiv’s April 2026 list had him on €8m ($9.1m), level with Toto Wolff. PlanetF1 put his net worth at $7m in April 2025.
Anonymous survey of motorsport pay that informs our role bands and the 10% to 30% bonus range applied to Vasseur.
Ranks team bosses by total compensation, listing Vasseur at $5m and $5.3m in different versions, dated figures rather than his base.
April 2025 rich list that puts Vasseur's net worth at $7m, a low-confidence figure with no breakdown of his assets.
Offers a different net worth figure for Vasseur, which shows how far published wealth numbers for him disagree.
Quotes Sportune's €6m to €8m figure for Vasseur's Ferrari pay at the time of his 2023 appointment.
General guide to team principal pay that covers Vasseur, useful as background but not proof of his Ferrari terms.
April 2026 list that puts Vasseur on €8m alongside Wolff and Binotto, with unclear definitions of what counts as pay.
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Insider · Issue 23
01 · The Last Race
Singapore by Salary
Pos
Driver
Pts
Salary
1
Max Verstappen
Red Bull
25
$70m
2
Charles Leclerc
Ferrari
18
$34m
3
Kimi Antonelli
Mercedes
15
$3.4m
4
Lando Norris
McLaren
12
$30m
5
Oscar Piastri
McLaren
10
$13m
6
Insider+
7
Insider+
Our Take · Insider+
What Each Point Now Costs Red Bull
What Vasseur Controls as Ferrari's General Manager
Vasseur has the final word on Ferrari’s Formula 1 operation, which means its people, its structure and what the team chases first. Chassis technical director Loïc Serra and deputy team principal Jérôme d’Ambrosio both answer to him.
He arrived at Maranello with an owner’s habits. Vasseur built ASM and ART Grand Prix into junior title winners and set up Spark, the company behind Formula E’s first car, before Renault and Sauber hired him. Those teams taught him driver development too, and he gave Charles Leclerc his F1 debut at Sauber in 2018.
Ferrari's official biography of its team principal, covering his ESTACA degree and the teams and companies he founded.
Reports Ferrari's July 2025 multi-year renewal for Vasseur, with no length, end date or financial terms.
Vasseur's Salary Against Other F1 Team Principals
Vasseur’s £3m-6m ($4m-8m) band sits just below Toto Wolff on £4m-7m ($5.3m-9.3m) and a notch above Andrea Stella on £3m-5m ($4m-6.6m). His Ferrari predecessor Mattia Binotto is on £2m-5m ($2.7m-6.6m) at Audi. The full list of F1 team principal salaries shows the rest.
Fred Vasseur's Three Decades Running Race Teams
Vasseur spent two decades running his own junior teams and engineering companies before Renault, Sauber and then Ferrari put him in charge of a Formula 1 team.
Vasseur at the Top of Ferrari's Staff Pay
No one on Ferrari’s staff pages earns close to Vasseur. His deputy Jérôme d’Ambrosio is on £300k-1m ($398k-1.3m) and chassis chief Loïc Serra on £500k-2m ($663k-2.7m). Only the drivers out-earn him, and the Ferrari team page shows how far above everyone Lewis Hamilton’s pay sits.
Questions About Fred Vasseur's Pay and Contract
Fred Vasseur’s biggest trophies came below F1, where his ASM and ART teams won junior titles with Lewis Hamilton, Nico Rosberg, and Nico Hülkenberg. Ferrari hasn’t won a championship with him in charge yet. It finished 14 points behind McLaren in the 2024 constructors’ standings, and it renewed his contract in July 2025.
Fred Vasseur earns a base salary of £3m-6m ($4m-8m) on our figures, and a bonus of £300k-1.8m ($398k-2.4m) would take his year to £3.3m-7.8m ($4.4m-10.3m). Front Office Sports has ranked his total pay at $5m and $5.3m in different versions of its list.
PlanetF1 put Fred Vasseur’s net worth at $7m in April 2025, and that’s the figure shown on this page. Treat it as a rough guide. Other sites publish different numbers, and none of them sets out his assets or debts, including whatever he still holds in the companies he founded.
Ferrari extended Frédéric Vasseur’s contract on July 31, 2025, with a new multi-year deal to keep him as team principal. That came two and a half years after he started on January 9, 2023. The team didn’t publish the length of the new deal, its end date or any financial terms.
No, nobody outside Ferrari knows when Frédéric Vasseur’s contract ends. The July 2025 renewal was described only as multi-year, so any end year quoted elsewhere is a guess. An unknown expiry also doesn’t mean he’s a free agent or that talks over a new deal are under way.
Frédéric Vasseur replaced Mattia Binotto, who left Ferrari at the end of 2022 after four seasons as team principal. Ferrari named Vasseur on December 13, 2022, while he was still running Sauber, and he started on January 9, 2023. Binotto now runs Audi’s Formula 1 team as CEO and team principal.