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 »
4y 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...
4y 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...
4y 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...
4y ago from FormulaSpy.com

Hamilton calls for all F1 drivers to be...

Lewis Hamilton believes all Formula 1 drivers deserve to be paid big...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Kirkwood relieved to be rid of ‘street course...

Until this weekend at World Wide Technology Raceway, all of Kyle...

Rasmussen passes most cars in Sunday night’s IndyCar...

Christian Rasmussen put on a show for fans Sunday night, passing more...

IndyCar Gateway – Race Results

The NTT IndyCar Series made a trip to the St. Louis area for the first...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

19-year-old star ready to join Liverpool despite...

Ajax star Jorrel Hato is open to a move to Premier League champions...
2h ago from SportsKeeda.com

Arsenal dealt blow as multiple SPL sides, including...

As per reports, Arsenal are set to face stiff competition from Cristiano...
3h ago from SportsKeeda.com

'I’d be in his bed, I’d be in his front room' -...

Rio Ferdinand has urged Viktor Gyokeres to force a transfer away from...
4h ago from SportsKeeda.com

Report: Advanced talks for Arsenal and Milan to...

AC Milan are working on a deal to sign Oleksandr Zinchenko from Arsenal,...
6h ago from FreshArsenal.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.