Alonso’s and Hamilton’s salary will pale in comparison to what Ferrari will pay Vettel (Update)

UPDATE Lewis Hamilton's latest championship triumph is "poised to net" him a new $157M, five-year contract with Mercedes, "cementing his status" as the U.K.'s most wealthy active athlete at $32M per year, half of the $64M per year Vettel will reportedly make at Ferrari.

11/10/14

Screwed over by Renault and Red Bull this year, Vettel headed to Ferrari a rich man

FOX SPORTS' Pete Gill reported Fernando Alonso's contract with McLaren-Honda "will reportedly be the 'biggest in F1 history.'" According to Spanish newspaper AS, the deal "will be 'the largest in the history of Formula 1 and presented as a multi-year agreement.'" Alonso "is believed to have sought a one-year deal that would have enabled him to join Mercedes in the event of a 2016 vacancy arising at F1’s latest behemoth outfit." Instead, the price to be paid for an estimated salary of A$46M ($40M) "will be a binding two-year contract with an option for a third season." Fox Sports

However, Alonso will only be top dog in the salary category for a day or so when it is announced before the Abu Dhabi race. Sebastian Vettel "is thought to have been offered a three-year deal" worth $64M a season, which "will make him the highest paid driver in the sport's history."

The word at Suzuka last month is that Sebastian Vettel pulled off a masterstroke. Not only did he expose Fernando Alonso's Ferrari split and revealed that Red Bull's doors were closed to the Spaniard, the reigning world champion has reportedly single-handedly brokered perhaps the most lucrative deal in F1 history.

Incredibly, British newspapers claim Vettel's new Ferrari deal – which is yet to be announced – could be worth up to an astonishing $64 million per year, making him easily the highest paid driver in F1 and 60% higher than Alonso. We're sure Alonso will be stewing over that for a very long time.