Ferrari staff receive big bonuses after stellar 2022…but not the F1 team

Oliver Harden
Carlos Sainz on the grid, surrounded by mechanics. Australia April 2022

Ferrari driver Carlos Sainz on the grid, surrounded by mechanics. Australia April 2022

Ferrari are to pay their employees an eye-watering bonus for exceeding expectations in a record-breaking 2022 – but the Formula 1 team are set to go without.

According to a report by Bloomberg, the Italian manufacturer is set to pay their workers a bonus of £12,000 for beating expectations on sales and profit last year – an increase of 12.5 per cent on their reward for 2021.

Some might suggest the flourishing success of the road car business in 2022 was in stark contrast to Ferrari’s F1 operation, which despite returning to winning ways last season failed in their ultimate aim to win the World Championship.

Charles Leclerc led eventual Champion Max Verstappen by 46 points after winning two of the opening three races, but come the end of the season team principal Mattia Binotto had resigned after Ferrari’s title challenge spectacularly imploded.

Binotto has been replaced by former Alfa Romeo boss Frederic Vasseur for 2023 as Ferrari aim to finally end their long wait for a Championship.

Outlining Ferrari’s ambitions for 2023, chief executive Benedetto Vigna said: “Data lay the foundations for an even stronger 2023, fuelled by persistently high demand for our products worldwide. recommends

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“We look ahead with great confidence, encouraged by the many signs and achievements of an evolving company. The order book is very robust, covering 2023 and part of 2024 well.

“To manage the waiting lists, much more space is given to the experiential side, and there is a strong customer interest in the 296 GTB and GTS.

“We want to get back to being competitive in the F1 Championship. Our goal is to win the World Championship and the whole team, with Fred Vasseur who recently joined us, is working in this direction.

“Another priority is to continue to develop innovative products that allow people to have more fun with our cars.

“The third priority is to continue to broaden the customer base, the fourth to increase the number of patents.

“In 2022 the number of patents we have filed is four times higher than in 2021.”

Ferrari’s preparations for the 2023 season began at the end of last month as the team held a so-called “wake up” test at their Fiorano test track, with Leclerc, team-mate Carlos Sainz and reserve driver Robert Shwartzman getting back up and running after the winter break behind the wheel of the 2021 chassis.

The Scuderia’s new car, the SF-23, will be officially unveiled on Tuesday ahead of the start of the single, three-day pre-season test in Bahrain nine days later.