The worst kept secret is finally out…Alonso moves to Ferrari

September 30, 2009

In the world of Formula One, it is very hard to keep a secret.

We’ve known for months that Fernando Alonso would be replacing Kimi Raikkonen at Ferrari, a move confirmed on Wednesday.

Insiders also reckoned he had signed a deal a while back, which Alonso himself has revealed, although he said it was originally for 2011.

The only aspect of the move the press did not get right was the length of his deal or his pay packet. Some Spanish newspapers said he would sign for six years when in fact it is for three while various astronomical numbers have been bandied about.

Spain’s Marca said Alonso would be paid around 20 million euros a year, some seven million less than Raikkonen was said to be getting. Ferrari put out a statement which hinted he would not be earning as much as some might have thought given these pressured times.

“Reading certain newspapers one might think that there is a gold rush in Maranello. The numbers talked about have absolutely nothing to do with reality. It’s easy to write numbers, forgetting that the world has changed recently,” it said.

“At Ferrari a lot of calculating is done and attention is not only paid to the costs of the operational structure, but also as far as the drivers are concerned.”

PHOTO: A fan screams with excitement after Renault Formula One driver Fernando Alonso of Spain signed autographs for her as he arrives at the pits before the start of the first practice session of the Singapore F1 Grand Prix at the Marina Bay street circuit Sept. 25, 2009. REUTERS/Vivek Prakash

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