News Details

Hamilton fears salary cap could 'handicap' young F1 stars

Lewis Hamilton believes Formula 1's planned cap on driver salaries could prove unfair in the future to the sport's younger generation of stars. Formula 1 is devising a plan to introduce from 2023 a $30m limit on what a team may spend on its driver line-up, a concept that has received unanimous support from the teams. An outfit could theoretically allocate more than the $30m cap to its drivers but any surplus would come out of the team's operational budget, meaning it would have less funds to spend on development. Queried on the subject, Hamilton, who is set to earn an estimated $40m-plus retainer from Mercedes this year, suggested that a salary cap may not concern him in the future as it...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Hamilton always aiming high: "Every year I write...

Lewis Hamilton is one of the world's greatest sports stars. He will go...
5y ago from GPBlog.com

World stars honour Hamilton: 'Can't wait for your...

Few people have missed winning his seventh world title. Not only are his...
5y ago from GPBlog.com

Alfa to run with Callum Ilott at Young Driver Test

Alfa Romeo will field Callum Ilott at next month's Young Driver Test in...
5y ago from FormulaSpy.com

Hamilton calls for all F1 drivers to be...

Lewis Hamilton believes all Formula 1 drivers deserve to be paid big...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Sources: Euro giants target move for summer signing...

Ajax have launched a major winter operation to add leadership, experience,...
3h ago from CaughtOffside.com

Change it around for FC Kairat + Arteta's press...

Morning. We play our final league stage game of the Champions League this...
3h ago from Arseblog.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
13h ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
15h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.