Sharapova is top paid female athlete

French Open champion Maria Sharapova held her perch atop the list of the world's highest paid women in professional sports for an eighth consecutive year, according to an annual survey released by Forbes on Monday.

The 25-year-old Russian, one of seven tennis players listed in the top 10, earned an estimated $27.1 million from July 2011-July 2012, with most of that coming from off-court endorsements.

That was 47 percent above her nearest rival Li Na of China, whose 2011 French Open victory helped the world number 11 to more than double her earnings to $18.4 million from $8 million in last year's survey.

Former World No 1 tennis players Serena Williams of the United States and Caroline Wozniacki of Denmark and NASCAR's Danica Patrick rounded out the top five.

Current World No 1 tennis player Victoria Azarenka of Belarus, Ana Ivanovic of Serbia and Poland's Agnieszka Radwanska were the other tennis players among the top 10.

Women's Olympic figure skating champion Kim Yu-na of South Korea was seventh with $9 million of earnings while Taiwanese world number one golfer Yani Tseng was 10th with $6.1 million.