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 »
3mo 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...
3mo 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...
3mo 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...
3mo 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...
3mo ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Suzuki approach for Rossi via Facebook led to Brivio...
No description available...
23h ago from Motorsport.com
LCR Honda commits to further five years in MotoGP
LCR has become the third MotoGP squad to pledge its continued presence in...
22h ago from MotorsportWeek.c...
Honda satellite LCR team commits to MotoGP for five...
The satellite LCR squad has announced it will remain in MotoGP through to...
23h ago from AutoSport.com
Popular On IndyCarToday.com
“No worries” for Jones as he returns to IndyCar
No description available...
6h ago from Motorsport.com
Ed Jones returns to IndyCar with Dale Coyne Racing...
Ed Jones will return to the IndyCar series for the full 2021 season after...
18h ago from AutoSport.com
Ed Jones returns to IndyCar with DCR Vasser Sullivan
No description available...
18h ago from Motorsport.com
Jones reunites with Dale Coyne for 2021 IndyCar return
Dale Coyne Racing has confirmed it will reunite with former driver Ed...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Price awarded Medal of the Order of Australia
No description available...
2d ago from Motorsport.com
Ogier claims record eighth Rallye Monte Carlo win
Sébastien Ogier celebrated his 50th world rally win and a record eighth...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Ronaldo’s verdict on Odegaard after loan move to...
Cristiano Ronaldo has already given his verdict on Martin Odegaard as he...
47m ago from DailyStar.co.uk
Arsenal plan Real Madrid double deal transfer talks...
Arsenal have landed Martin Odegaard on loan from Real Madrid until the end...
27m ago from Express.co.uk
Arsenal have two Martin Odegaard issues Mikel Arteta...
Martin Odegaard has completed his loan move to Arsenal from Real Madrid.
2h ago from Express.co.uk
Arsenal transfer chief Edu and Mikel Arteta backed to...
Arsenal are backed to make a double signing in the summer.
1h ago from Express.co.uk
Comments
Hottest News
F1 Social Stint | Vettel causes a stir with new hairstyle
It's time for winter break and that means drivers... Read More »
13h ago from GPBlog.com
Ex-F1 Driver Hits Out At Lawrence Stroll For Buying A Team...
Canadian billionaire Lawrence Stroll has been... Read More »
10h ago from Formula1News.co.uk
Team boss Adrian Campos dies aged 60
Former F1 driver and Campos Racing founder Adrian... Read More »
37m ago from F1i.com