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Ferrari Driver Fernando Alonso Reportedly Asking For New Three-Year Deal Worth $140M

The birthday wish of Ferrari F1 driver FERNANDO ALONSO "is reportedly a new three-year deal" with the Italian team, according to Helmut Uhl of BILD. Alonso, who turned 33 on July 29, is reportedly asking for €105M ($140M) over a three-year period from '17-19. This number would translate into a yearly salary of €35M ($47M). In comparison, seven-time world champion MICHAEL SCHUMACHER had an annual salary of €25M during his best years at Ferrari. Alonso's current contract, which expires after the '16 season, pays him around €18M ($24M) annually. The reason "why Alonso is asking for such a drastic pay increase and is likely to receive it" is Ferrari's noncompetitive car this season, which would be "nowhere close to the top without the Spaniard behind the wheel" (BILD, 8/5).

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