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Ferrari pay 70 million in bonuses after insane year
- Estéban den Toom
Italian superpower Ferrari are going to pay its employees a decent bonus, with the Maranello-based company closing the year 2024 with impressive figures, resulting in its employees receiving a nice bonus. The Prancing Horse saw its revenues increase by almost 12% compared to the previous year, resulting in a total turnover of over £5.5 billion. It has also been revealed exactly how much employees will get.
The bonus will be divided among approximately 5,000 employees, who will each receive a gross amount of 14,400 euros (just over £12,000). Ferrari CEO Benedetto Vigna stressed that the company's success is not only due to the sale of luxury sports cars, but also to the dedication and commitment of its staff, which he said during a meeting with shareholders. In total, around seventy million euros (over £58 million) in bonuses will be paid out by the Italian manufacturer.
On-track successes in Formula 1 for Ferrari
On the track, 2024 was not a bad year for the Scuderia either. Charles Leclerc and Carlos Sainz made it exciting in the constructors' championship until the end of the season. In the end, it was still Oscar Piastri and Lando Norris who walked away with the title, but it remained exciting until the last race in the 2024 Formula 1 season. With Lewis Hamilton now alongside Leclerc, Ferrari will be vying for some drivers' championship success in 2025.
The arrival of seven-time world champion Hamilton will undoubtedly have provided quite a boost in terms of marketing. In early 2024, the seven-time World Champion was recruited by Ferrari. Although Hamilton has only been with the team for a few weeks, his arrival already seems to have a huge impact. If only by the number of fans coming to the circuit to see the Englishman live in action.
This article was written in collaboration with Olly Darcy
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