News Details
Exclusive: Hamilton’s Salary Demands Preventing New Mercedes Contract
Lewis Hamilton’s unwillingness to take a pay cut is hindering his contract extension negotiations with the Mercedes F1 team, a source in the paddock has told Formula1News.co.uk. The Brit is currently earning around £40 million per year with the Silver Arrows, but they are looking to reduce this by around 60 percent in light of the coronavirus-induced global economic crisis, the source added. READ: Sergio Perez & Hulkenberg Are Potential Options For Red Bull – Marko Hamilton, however, is reportedly not willing to take such a steep pay cut – and this disagreement is what led to the impasse in
The post Exclusive: Hamilton’s Salary Demands Preventing New Mercedes Contract appeared...
Full Story »
Full Story »
5y ago from Formula1News.co.uk
0
You May Also Be Interested In...
New Teams Should Be Allowed To Buy Existing Cars –...
With new entrants now required to pay a $200 million fee to the existing...
5y ago from Formula1News.co.uk
Red Bull Insist There’s No Engine Clause In Max...
Red Bull team principal Christian Horner has insisted that Max Verstappen...
5y ago from Formula1News.co.uk
McLaren driver starts Eifel GP with new Mercedes engine
Lando Norris starts the Eifel Grand Prix with a new engine in the back of...
5y ago from GPBlog.com
Horner: No engine clause in Verstappen's contract
Max Verstappen does not have a clause in his Red Bull contract allowing...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
12h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
10h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta really believes he's a top player' –...
Arsenal have been calling over a potential transfer move for Crystal...
4h ago from CaughtOffside.com
Sol Campbell names 'top player' Arsenal should sign...
Arsenal legend Sol Campbell has suggested that his old club should look...
5h ago from CaughtOffside.com
'Among Europe's best' – David Ornstein confirms...
Arsenal fans will be delighted to hear that Bukayo Saka is closing in on a...
9h ago from CaughtOffside.com
Ian Wright claims Liverpool failing to replace...
Ian Wright believes Liverpool missed Luis Diaz during their draw against...
8h ago from SportsKeeda.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
9h ago from GPFans.com
Audi 2026 F1 car leaked as McLaren announce launch date –...
Check out the biggest stories of the day with the... Read More »
2h ago from RacingNews365.com
Could this F1 champion’s son be a future Ferrari driver?
The son of an F1 champion has been tipped by... Read More »
2h ago from GPFans.com
