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 »
4y 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...
4y 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...
4y 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...
4y 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...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
1d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
1d ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
2d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward fastest in opening practice in Laguna...
Laguna Seca was the setting for IndyCar’s first practice session on...
1h ago from MotorsportWeek.c...
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
1d ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
1d ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
9h ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal vs Newcastle United Prediction and Betting...
Arsenal will lock horns against Newcastle United at the Singapore National...
3h ago from SportsKeeda.com
Report: Arsenal preparing a strong push to sign...
Arsenal are interested in securing the services of the Ajax defender...
6h ago from CaughtOffside.com
Viktor Gyokeres to wear iconic Arsenal jersey number...
Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
8h ago from SportsKeeda.com
Will Arsenal Win the Premier League Next Season?
The 2024/25 Premier League season will officially kick off August 15. ...
11h ago from FreshArsenal.com
Comments
Hottest News
How did Antonelli's spin into the gravel trap highlight the...
Following a difficult qualifying session for... Read More »
38m ago from F1Technical.net
TECHNICAL: Red Bull and Mercedes with the least loaded rear...
Red Bull have elected to use an ambitious... Read More »
1h ago from F1Technical.net
Antonelli 'got a little bit greedy' during Spa sprint...
Having qualified P20 for Saturday’s F1 Sprint... Read More »
1h ago from F1Technical.net
