Ralf Schumacher has agreed to slash his annual salary if it means he can keep his seat at Toyota in 2008.

The German, who has failed to live up to his reported $22m retainer for 2007 season, has offered to drive for under $5mil for the 2008 season.

His income could include a whopping bonus of $340k per point in 2008, but only if Toyota accepts the offer made.

Ralf really needs to stop driving Toyota into the dump. He has influenced the build and development of this car with Toyota and apparently that has not been in the right direction. He can’t be the entire blame and neither is Toyota… but this is just a bad match regardless of what his wife says. She also needs to stop trying to say BMW and Toyota is the same game for the Jr Schu… he is not Sr Schu!

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