Salary

According to Force India F1 team manager Andy Stevenson, F1 mechanics can earn
anywhere from 30,000 to 80,000 pounds, or $48,633 to $129,690 as of September 2011.

Team managers, who must have extensive mechanical knowledge and experience,
can range between 90,000 and 350,000 pounds, or $145,909 to $567,424.
As of September 2011, the majority of F1 teams are based in the U.K. and pay out
salaries in British pounds sterling.

Among non-U.K. based F1 teams, salaries are also comparable.


Factors Affecting Salary

As an F1 mechanic, your technical knowledge and devotion to efficiently serving your team
at this high level of international motorsport is paramount. Formal schooling is useful,
but above all, technical ability is key.

Your position as a mechanic within the team helps determine your salary. Each car racing
has a No. 1 and No. 2 mechanic. The No. 2 mechanic starts at around 30,000 pounds, or $48,633,
while a car’s No.1 mechanic earns a bit more.

The chief mechanic on a team can earn as much as 80,000 pounds, or $129,690,
but is responsible for all the other mechanics in the garage.
Salaries of mechanics are also affected by which team they're on -- larger teams
such as Ferrari and McLaren have more money to spend on everything
than smaller teams like HRT and Lotus.



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