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 »
4y 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...
4y 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...
4y 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...
4y 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...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda test rider Takaaki Nakagami to replace Luca...
Honda test rider Takaaki Nakagami has been announced as a replacement for...
19h ago from MotorsportWeek.c...
Pirelli to hold first MotoGP test in Misano with test...
No description available...
1d ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
11h ago from MotorsportWeek.c...
After first oval win, does Kyle Kirkwood see himself...
No description available...
10h ago from Motorsport.com
Christian Rasmussen "not surprised" to earn...
No description available...
14h ago from Motorsport.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano confirms imminent departure of...
Highly regarded young coach Carlos Cuesta is set to embark on a new...
56m ago from CaughtOffside.com
Harry Kewell claims Arsenal and Liverpool target is...
Australian manager Harry Kewell suggested that Liverpool and Arsenal...
1h ago from SportsKeeda.com
‘I wouldn't be surprised' – Pundit tips...
Liverpool attacker Darwin Nunez is widely expected to leave the club this...
1h ago from CaughtOffside.com
Talks held: Arsenal have been pursuing ambitious 90m...
Arsenal have reportedly been pursuing an ambitious potential transfer move...
2h ago from CaughtOffside.com
Comments
Hottest News
Ferrari DISQUALIFIED as late investigation verdict...
Ferrari have been dealt a devastating late... Read More »
1h ago from GPFans.com
Verstappen snubs ‘F1' film event once again
Jun.18 While many of his Formula 1 rivals... Read More »
46m ago from OneStopStrategy.com
McLaren denies theory behind Lando Norris crash in F1...
McLaren boss Andrea Stella has denied any notion... Read More »
45m ago from MotorsportWeek.com
