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Daimler Reportedly Blocked $50mn Per Year Lewis Hamilton Deal
Daimler, the parent company of Mercedes and a shareholder of the Silver Arrows, reportedly blocked a new $50 million per year deal that Lewis Hamilton was set to sign during the 2020 F1 season. 'In November, when Formula 1 went to Turkey, a contract was ready that meets Hamilton's requirements: a four-year contract with a salary of 50 million a year. Daimler, however, put a stop to that,” Italy’s Corriere Dello Sport has reported. READ: Carlos Sainz Insists Ferrari Isn’t A Team Which ‘Eats & Devours’ Its Drivers Daimler currently owns just a third of the Mercedes F1 Team following restructuring last month which resulted in Ineos purchasing a third of the team and Mercedes team...
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4y ago from Formula1News.co.uk
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