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Additional Posts in Formula 1 Fans
Leclerc can’t catch a freakin break this year!
So it isn’t the car after all !!!
Vettel you beauty ❤️
Good lord, how’d he survive that?
I’d Alonso’s car damaged? What’s going on?
Any news on Drive to Survive Season 3?
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Are you expecting to roll into an entirely new industry after working at Bain? Just like a driver, as a professional you’ll need to work your way up.
Especially given the salary cap, I'd expect a pay cut of roughly 20 to 30% from what you're making now, if the skills you have are directly transferable. Meaning, you were doing CFD modeling for aeronautics and now you're doing CFD modeling for F1 cars, or you're doing strategic alliances in another industry and then would be doing strategic alliances in F1. If it's skills that are transferable but a fair amount of new knowledge is needed, then I'd expect a larger cut.
One of the challenges is that everyone wants to work in F1, so they don't need to pay the highest rates unless you're looking at the most sought after talent.
Okay this would be so cool! Rooting for this to work out for you!
I had heard mid level roles get paid 50K…but based on the above that feels wrong / low?
You also need to be thinking like for like.
These teams are not equivalent to Fortune 500 companies. Each team is a small to medium business, and the pay reflects that.
They're also not paying you for all of your skills, they're only paying for your skills that they actually need.
Okay so..consensus feels like £90K for a manager equivalent in strategy would be a reasonable expectation? vs 160k base in MBB
Saw this tweet, thought it was a good reminder on F1 pay, and why it is so low.
https://x.com/brrrake/status/1828732051224195327?t=tKrSkwJWy2Erzmu9ZQ68Og&s=19