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 »
3y 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...
3y 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...
3y 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...
3y 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...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
14h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
18h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power “didn't have any defense” against Dixon due...
No description available...
11h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
10h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
18h ago from MotorsportWeek.c...
Arrow McLaren confirms Pourchaire for Barber...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Ally McCoist highlights how Arsenal star did something...
No description available...
1h ago from SportsKeeda.com
'Like Chelsea's team, he went missing' – Arsenal...
No description available...
1h ago from SportsKeeda.com
“Love it” - Arsenal target reacts as Jurrien...
No description available...
1h ago from SportsKeeda.com
Chelsea set unwanted Premier League record after...
Chelsea have conceded 57 goals in the Premier League this season –...
1h ago from CaughtOffside.com
Comments
Hottest News
Marko makes striking revelation about Perez's contract...
Helmut Marko has revealed details of contract... Read More »
2h ago from RacingNews365.com
Leclerc names area Ferrari must improve with 2024 F1...
Charles Leclerc has highlighted slow-speed... Read More »
57m ago from MotorsportWeek.com
Stroll defended by fellow driver over Ricciardo crash
The Aston Martin driver has received a... Read More »
1h ago from RacingNews365.com