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Hamilton now facing rush to sign new deal after driver salary cap agreed

Formula 1 is set to introduce a driver salary cap from 2023 following unanimous approval from all the teams which could have significant ramifications for Lewis Hamilton. GPFans understands an exact figure has yet to be determined, although it is believed a total of $30million combined for a team's two drivers is likely to be the bar. The teams will then determine its own split. Article continues under video The plan was discussed during Monday's F1 Commission video conference call involving FIA president Jean Todt, outgoing F1 CEO Chase Carey and successor Stefano Domenicali, as well as representatives from the 10 teams. Although the proposal was universally agreed upon, the exact details...
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