Vettel Earns Double as Webber at Red Bull?

Sebastian Vettel did extend his contract with Red Bull Racing until the end of the 2014 Formula 1 season, but the news did not come with any attachment regarding the value of his new deal with the Austrian organization.

Needless to say, it was only a matter of time until allegations on this topic would make the headlines, and the media in Australia was the first to take a shot at Red Bull. Why? Apparently, the reigning world champion and the youngest driver to ever clinch the F1 title will earn up to GBP10 million a season from now on, no less than double of what Mark Webber's retainer is for the 2011 campaign.

According to sources in the Australian media, Webber currently earns around GBP5 million at Red Bull, as his contract with the Austrian team has been subject to year-on-year extensions for the past couple of seasons.

The new rumors surrounding the value of the two drivers' contracts come after several officials at Milton Keynes, starting from owner of the brand Dietrich Mateschitz and ending with team manager Christian Horner, have made it very clear that equality between drivers comes first within the organization.

Talking about his new deal with Red Bull, Vettel – who is believed to have been approached by rival teams like Ferrari and McLaren in recent months – insisted that he feels happy and safe with his title-winning squad and looks forward to building up on the 2010 campaign in the future.

The reason why I'll stay until 2014 with Red Bull Racing is that I feel very comfortable in the team,” said the German. “I am proud to be part of the team, and I am proud of what we have archived so far and will achieve together in the future.”
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