Michael Masi’s Salary Is More $51,070 Per Year As A F1 Race Director -How Rich Is He?
People think Micheal Masi’s salary must be more than just $51,070 when he was F1 Director. Let’s discover the net worth and surrounding allegations he faced.
Michael Masi has been fired as F1 race director as part of a reorganization at the FIA’s governing body, following last year’s Abu Dhabi Grand Prix.
As a result of the investigation on Masi into the controversial finale of last year’s World Championship, he has been scrutinized.
Masi failed to apply the regulations correctly during a late safety car period, which directly impacted the outcome of the title race.
Michael Masi’s 2022 Salary Is More $51,070 Per Year As A F1 Race Director.
As a director, Michael Masi’s salary was $51,070 per year.
Many have refused to believe the 51k salary for the director of one of the most prominent Motorsport organizations.
Masi earned more than that, estimated at around $1-5 million per year depending upon events organized.
Masi began his racing career as a volunteer for Super Touring teams while still in high school.
He served as deputy race director in the Supercars touring car racing series and at Rally Australia.
In 2018, Micheal was appointed by the FIA as Formula Two and Formula Three deputy race director and F1 race director Charlie Whiting’s deputy.
Masi shared this duty between Grands Prix with Scott Elkins, the race director for Formula E, and the German Touring Car Championship.
On Thursday, new FIA president Mohammed Ben Sulayem confirmed Masi’s resign as director after three years.
He also revealed changes to how the Grand Prix would be officiated for the coming season.
How Rich Is Micheal Masi? Net Worth Explored
Being ex-director of FIA, Micheal Masi’s net worth is estimated at around $15 million.
Following Whiting’s untimely death just before the 2019 Australian Grand Prix, Masi filled the post of Formula One race director.
Several of Micheal’s decisions as race director were scrutinized by drivers, teams, and the press.
Cars were let on track during the Q2 session of the 2020 Turkish Grand Prix Qualifying despite a crane being on track.
Micheal was required to defend the red flag procedures used during the 2021 Azerbaijan Grand Prix and was chastised for his decisions at the 2021 Belgian Grand Prix.
Micheal’s position as Race Director was terminated on February 17, 2021.
Masi’s improper application of the rules during a late safety car period impacted the race’s outcome.
He was succeeded as Race Director by Niels Wittich and Eduardo Freitas, with Herbie Blash serving as their Permanent Senior Advisor.
Masi will be granted a new post inside the FIA.
