News Details

Whitmarsh set for $10m McLaren payout

Ousted boss Martin Whitmarsh could walk away from McLaren with a $10 million payout. Last month, when Eric Boullier became the British team's new chief in the wake of supremo Ron Dennis' return to power, it was rumoured Whitmarsh agreed not to speak to the media while his contract payout is negotiated. "Martin is a friend," Dennis said in March. "Some decisions you take in life are not that easy, and I will not elaborate." Britain's Daily Mail now reports that while Whitmarsh's severance package is still being negotiated, it is "likely" to be around $10 million. Correspondent Jonathan McEvoy said the figure is more than $400,000 for each of the 24 years...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone was afraid of losing grip as Formula 1 big...

Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP...
11y ago from GrandPrix247.com

No Formula 1 customer teams in 2015 says Honda boss

Yasuhisa Arai Honda's Formula 1 boss revealed that the Japanese...
11y ago from GrandPrix247.com

Ferrari shake-up as F1 boss Domenicali quits

ROME, April 14, 2014 (AFP) - Ferrari's Formula One boss Stefano...
11y ago from F1Plus.com

McLaren taking Red Bull staff dispute to high court

Ron Dennis in Shanghai McLaren supremo Ron Dennis on Saturday confirmed...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Report: Arsenal face competition from Chelsea for...

Barcelona midfielder Marc Casado has been linked with a move away from the...
1h ago from CaughtOffside.com

'I can only speak from experience' - When Lionel Messi...

Argentina legend Lionel Messi spoke about former Arsenal star Theo Walcott...
5h ago from SportsKeeda.com

'He makes everything tick' - Martin Keown believes...

Martin Keown has heaped praise on Arsenal midfielder Martin Zubimendi,...
6h ago from SportsKeeda.com

Report: Arsenal and Chelsea competing for 60-70m-rated...

Arsenal and Chelsea are interested in signing the AC Milan defender...
8h ago from CaughtOffside.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.