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Wolff reignites F1 driver salary cap talk
Nov.12 Just as Lewis Hamilton pushes for a new Mercedes contract, his boss has re-fired the conversation about the need for a drivers' salary cap. Seven time world champion Hamilton is still the highest earner in Formula 1 – although new back-to-back title winner Max Verstappen is now close with their approximate $40 million per year pay. Mercedes boss Toto Wolff admits that limiting drivers' salaries is a 'controversial topic', but he thinks it's now a timely one with the world entering recession. 'We can see that we are facing a very difficult situation in F1 overall,' he said in Brazil. 'The sport is booming and F1 is earning more money and that trickles down to the teams. But we...
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3y ago from OneStopStrategy.com
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