Mercedes to pay Schumacher EUR21m in 2010

Reports that Mercedes will pay Michael Schumacher just EUR7 million in 2010 were apparently wide of the mark.

Even the 7m pay-packet was controversial, with some insiders at the German carmaker arguing that Mercedes should have followed Honda, BMW and Toyota out of the expensive sport.

But the Swiss newspaper Blick, and Germany’s n-tv, claim that the seven time world champion’s Mercedes retainer will actually be EUR21m in 2010.