Kimi Raikkonen returns to Formula one with Renault

It looks like it is time for the oldies to return to Formula one. First of all it was the seven time world champion Michael Schumacher who made a re-entry to Formula one with the Mercedes GP Team in the 2010 season. Now Kimi Raikkonen is considering a return to F1. The 2007 Formula One World Champion who left F1 at the end of the 2009 season is currently driving for Citroen in the World Rally Championship. Yesterday it was announced that Raikkonen is planning to return to F1 for the 2011 season and is in talks with Renault team. If things move well, he will be driving for Renault in 2011 season alongside Robert Kubica. He will be replacing Renault's current Russian driver Vitaly Petrov who failed to put a great race this season.

Kimi Raikkonen made his debut in Formula One with Sauber in September 2000. Impressed with his performance McLaren's Boss Ron Dennis gave him a race seat. In 2002, he replaced the vacant seat left by double-world champion and fellow Finn Mika Hakkinen. He spent five seasons with McLaren. At the end of 2006 Italian Grand Prix, Ferrari announced that Raikkonen had signed a three-year contract with Ferrari for the 2007–2009 seasons. With the retirement of Michael Schumacher, Kimi Raikkonen became the highest paid driver in F1, with a base salary of US $51Million annually.

Even this year with Kimi Raikkonen's pay-off from Ferrari amounts to a £13.1 million. He stands third in the salary list of drivers in F1. Ferrari's Spaniard Fernando Alonso tops the list with £26 million salary followed by Briton Lewis Hamilton with £13.1 million.