News Details
Six-time world champion tries to stop drastic salary cut
Lewis Hamilton is still in the middle of negotiating his contract with Mercedes. The six-time world champion wants to enter 2021 with a higher salary, but a plan by the F1 organisation to better regulate drivers' salaries is going to cost the Brit a lot. Hamilton's salary drastically reduced Hamilton currently earns some GBP 35 million as a salary from Mercedes. It is not surprising that Hamilton is the best-earning driver on the grid. The Mercedes driver is heading for a legendary seventh world title. While Hamilton is still negotiating his salary increase, F1 has decided to do something about the drivers' salaries and distribute it better. His own team boss, Toto Wolff, is also in favour...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
F1 Teams Agree $30 Million Driver Salary Cap
On Monday, all F1 team bosses met virtually at the F1 Commission to vote...
5y ago from Formula1News.co.uk
F1 teams agree to cap drivers' salaries from 2023!
Formula 1 teams have reportedly agreed to introduce a $30m cap on...
5y ago from F1i.com
F1 teams agree in principle to $30m driver salary cap
The Formula 1 teams have agreed in principle to a driver salary cap which...
5y ago from GrandPrix247.com
F1 set to introduce driver salary cap in 2023
Formula 1 is poised to introduce salary caps in 2023 as part of the wider...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Guenther Steiner puzzled by MotoGP bikes sitting out...
No description available...
2h ago from Motorsport.com
Carmelo Ezpeleta confident MotoGP will "reach an...
No description available...
1h ago from Motorsport.com
Enea Bastianini blasts MotoGP safety commission and...
Enea Bastianini has criticised the existing MotoGP safety commission by...
2h ago from MotorsportWeek.c...
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
23h ago from MotorsportWeek.c...
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
22h ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
1d ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
1d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
2d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
6d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal planning summer sales despite prize money...
Arsenal are planning to sell as well as buy in this summer's transfer...
1h ago from SkySports.com
Video: Arsenal star appears to strike Atletico Madrid...
Arsenal forward Gabriel Jesus appeared to hit or slap Atletico Madrid...
1h ago from CaughtOffside.com
Pundits and ex-Arsenal player joke about wanting to...
N's pundits, including former Arsenal player Stewart Robson, spent a...
1h ago from CaughtOffside.com
Shearer praises ‘exceptional' player who...
Arsenal are heading to a Champions League final for the first time in two...
2h ago from CaughtOffside.com
Comments
Hottest News
Oldest living F1 driver passes away aged 100
The oldest living former F1 driver has sadly died... Read More »
2h ago from RacingNews365.com
George Russell out of excuses after Miami GP battering:...
Mercedes F1 star George Russell has been berated... Read More »
1h ago from GPFans.com
Grand Prix drivers on sportscar duty at Spa
There was a time, during a bygone era, when... Read More »
1h ago from F1i.com
