News Details

Report: Hamilton seeking $50 million-a-year contract extension

Lewis Hamilton is set to request a $50 million-a-year contract with Mercedes when negotiations resume in the coming weeks, it has been reported. With the talks put on hold during F1's hiatus due to the COVID-19 pandemic, The Daily Mail is reporting that Hamilton is seeking a $5 million improvement on his soon-to-expire $45m-a-year contract once the sport returns to racing this weekend in Austria. Currently one of the two highest-paid drivers in Formula 1, the Briton is almost guaranteed to become the sport's highest-earner regardless of whether he attains a wage increase or not, as his closest financial competitor Sebastian Vettel has been unable to agree his own terms on extending his...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Report: McLaren to receive loan from National Bank of...

McLaren are on the verge of securing a loan from Bahrain's national bank...
5y ago from GrandPrix247.com

Report: Mugello will hold Ferrari's 1000th Grand prix

It is understood that an agreement between Mugello and Formula One has...
5y ago from GrandPrix247.com

McLaren seeking loan from National Bank of Bahrain

We’ve discussed the current financial struggles at McLaren on our last...
5y ago from TheParcFerme.com

Confirmed: McLaren to receive £150 m loan from...

UPDATE: McLaren have now confirmed that they will receive £150 million...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

What is custom motorcycle paint in the racing world?

Custom paintwork involves decorating vehicles. There is the Californian...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power compares ‘military-like’ Andretti to...

When Will Power signed a contract to join Andretti Global for the 2026...

Popular On TotalWRC.com

Popular On GunnersToday.com

'There's no star player' – Jamie Carragher warns...

Liverpool great Jamie Carragher has warned Arsenal manager Mikel Arteta...
43m ago from SportsKeeda.com

Report: Liverpool, Man Utd & Chelsea hold firm...

Liverpool, Manchester United, and Chelsea are reportedly all keeping a...
2h ago from CaughtOffside.com

Episode 869 – The Box

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
13m ago from Arseblog.com

It's non-stop, there's no escape

Morning all. Why does everything beep these days? You know the way there...
3h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.