News Details
Ecclestone: 'Golden days' of 50M contracts over for Hamilton
Bernie Ecclestone says Lewis Hamilton's days of earning a massive retainer from Mercedes are over, the former F1 supremo predicting significant pay cuts for all drivers. Formula 1's disrupted season due to the coronavirus is set to finally get underway next month, but the financial damage to the sport caused by the pandemic is forcing teams to rein in costs. The introduction next year of a budget cap along with other regulation measures will help mitigate the effects of the economic downturn, but driver salaries - although excluded from the cost cap items - aren't immune to the sport's slump. Hamilton lashes out at UK government for COVID handling Hamilton's contract with Mercedes is up...
Full Story »
Full Story »
You May Also Be Interested In...
Spa-Francorchamps and Hungaroring extend contracts...
Promoters of the Belgian and Hungarian Grands Prix have extended their...
5y ago from F1i.com
Ecclestone on Hamilton: 'He'll never earn that much...
If we may believe former Formula 1 boss Bernie Ecclestone, the golden...
5y ago from GPBlog.com
No more '50 million' contracts for Hamilton -...
Jun.8 The days when Lewis Hamilton earns eye-popping amounts of money...
5y ago from OneStopStrategy.com
Ecclestone 'looking around' for a buyer for Williams
Former F1 supremo Bernie Ecclestone is helping the Williams family find a...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
17h ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
19h ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
17h ago from Motorsport.com
Jorge Martin sought Marc Marquez’s advice before...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
10h ago from MotorsportWeek.c...
IndyCar announces historic multi-year deal with...
No description available...
15h ago from Motorsport.com
IndyCar announces multi-year extension with engine...
The NTT IndyCar Series has announced a long-term continuation with both...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Sweden: Oliver Solberg sets the pace to grab early...
No description available...
10h ago from Motorsport.com
Dacia announces exit from Rally-Raid, rules out 2027...
No description available...
16h ago from Motorsport.com
Low snowfall throws up extra curveball for WRC crews...
No description available...
12h ago from Motorsport.com
Martins Sesks sets out target ahead of WRC return
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
“He was a bit of a passenger” - Peter Crouch...
Peter Crouch singled out Arsenal star Eberechi Eze for criticism,...
15m ago from SportsKeeda.com
“It’s always like this” - Arsenal boss Mikel...
Arsenal manager Mikel Arteta has shared his thoughts on struggling star...
1h ago from SportsKeeda.com
“Do you know what?” - Arsenal hero Martin Keown...
Arsenal legend Martin Keown has agreed with Brentford boss Keith Andrews...
1h ago from SportsKeeda.com
'You can focus on what you have to do' | Arteta...
Mikel Arteta shares his post-match thoughts are Arsenal's 1-1 draw away to...
5h ago from SkySports.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain Pre-Season Test 1 - Day 3
Follow along with the third and final day of the... Read More »
25m ago from RacingNews365.com
Lando Norris highlights 'beautiful' Red Bull advantage
Red Bull seem to be the team other competitors... Read More »
1h ago from RacingNews365.com
F1 News Today: Verstappen destroys new regulations as...
Max Verstappen issued a brutal verdict on F1's... Read More »
35m ago from GPFans.com
