Thursday, May 6, 2010

The Sunday Times Sport Rich List: Racing drivers have formula to build fortunes

Footballers dominate the first Sport Rich List but the big money is made behind the wheel of an F1 car

You might expect the the richest sports people in the country to be footballers followed by golfers. Wrong.

The first definitive list of the wealthiest sporting stars in Britain and Ireland, published in the Sunday Times today, shows that motor racing dominates the top 15 places. If you want to get seriously rich in sport, get driving, preferably fast cars not little white balls.

True, top of the first Sunday Times Sport Rich List are two men who kick, or used to kick, a leather ball about the park. Dave Whelan has come a long way since he broke his leg while playing for Blackburn Rovers in the 1960 FA Cup final. Though Rovers lost 3-0 and the injury put Whelan’s career into decline, he used the £400 compensation he received to start a discount store. He went on to make a £190m fortune from the JJB chain of sports shops.

In second place is a footballer who manages to combine business with playing in a way no other British star can rival: David Beckham. His many sponsorships outstrip his earnings as a player to take his fortune to £125m.

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