Rosberg to earn EUR 50m with new contract

(GMM) Nico Rosberg's new Mercedes deal is for the next four years and will earn him almost EUR 50 million by 2015, the major German daily Bild reported on Thursday.

Earlier, Mercedes announced that the 26-year-old – who was already scheduled to stay at the Brackley based team next season – has extended his stay for 2013 and beyond with an unspecified new multi-year deal.

Bild said Rosberg, with his new contract reportedly running through 2015, "will earn around EUR 12 million" per season.