News Details

Hamilton fears salary cap could 'handicap' young F1 stars

Lewis Hamilton believes Formula 1's planned cap on driver salaries could prove unfair in the future to the sport's younger generation of stars. Formula 1 is devising a plan to introduce from 2023 a $30m limit on what a team may spend on its driver line-up, a concept that has received unanimous support from the teams. An outfit could theoretically allocate more than the $30m cap to its drivers but any surplus would come out of the team's operational budget, meaning it would have less funds to spend on development. Queried on the subject, Hamilton, who is set to earn an estimated $40m-plus retainer from Mercedes this year, suggested that a salary cap may not concern him in the future as it...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Hamilton always aiming high: "Every year I write...

Lewis Hamilton is one of the world's greatest sports stars. He will go...
5y ago from GPBlog.com

World stars honour Hamilton: 'Can't wait for your...

Few people have missed winning his seventh world title. Not only are his...
5y ago from GPBlog.com

Alfa to run with Callum Ilott at Young Driver Test

Alfa Romeo will field Callum Ilott at next month's Young Driver Test in...
5y ago from FormulaSpy.com

Hamilton calls for all F1 drivers to be...

Lewis Hamilton believes all Formula 1 drivers deserve to be paid big...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar St. Petersburg – Qualifying Results

25 drivers of the NTT IndyCar Series took to the streets of St....
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Timber clinches vital Arsenal win over 10-man Chelsea

Arsenal reopened a five-point lead at the top of the Premier League table...
30m ago from SkySports.com

“My only problem” - Chelsea fans concerned with...

Chelsea fans are concerned about Jorrel Hato after he was named in the...
3h ago from SportsKeeda.com

Arsenal v Chelsea: Premier League – live

Premier League updates from the 4.30pm GMT kick-off<br>⚽ <a...
4h ago from TheGuardian.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.