Alonso to Earn 150M Euros at Ferrari

Fernando Alonso is about to secure his entire future later this week, when he'll be confirmed at Ferrari alongside Felipe Massa. According to some media reports in Spain, the 2-time world champion will presumably earn as much as 150 million euros during the upcoming 6 years.

Diario Sport and As newspapers revealed earlier today that Alonso has already signed a 3-year deal with the Scuderia due to come into effect from as early as next season. The Spaniard was guaranteed his place at Maranello for the upcoming 3 years – 2012 included – after which a 2-year extension option will become automatic for Ferrari.

Also, it is believed that Ferrari, if happy with the services of the Spanish driver until that time, will also be able to activate a further extension option that could keep Alonso at Maranello until the end of 2015.

The document has purportedly already been deposited with the Contract Recognition Board, and could be announced officially at 10am local from the Suzuka circuit in Japan on Thursday,” said a report from the GMM news agency on Tuesday, based on some sources from the Italian media.

According to Italian newspaper Corriere dello Sport, Alonso will be officially presented by Ferrari as their new driver as early as Thursday, but no later than Friday. Basically, what's important is that his future will be decided before the official start of the Japanese Grand Prix, at Suzuka.

As an additional information, it is believed the Spanish driver will take some of his closest engineers with him at Ferrari, which will consequently lead to some minor changes at Maranello for the 2010 season.

Ferrari will be Fernando Alonso's 4th team in Formula One, as he previously competed for Minardi, Renault and McLaren Mercedes.
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