News Details
Ecclestone: 'Golden days' of 50M contracts over for Hamilton
Bernie Ecclestone says Lewis Hamilton's days of earning a massive retainer from Mercedes are over, the former F1 supremo predicting significant pay cuts for all drivers. Formula 1's disrupted season due to the coronavirus is set to finally get underway next month, but the financial damage to the sport caused by the pandemic is forcing teams to rein in costs. The introduction next year of a budget cap along with other regulation measures will help mitigate the effects of the economic downturn, but driver salaries - although excluded from the cost cap items - aren't immune to the sport's slump. Hamilton lashes out at UK government for COVID handling Hamilton's contract with Mercedes is up...
Full Story »
Full Story »
You May Also Be Interested In...
Spa-Francorchamps and Hungaroring extend contracts...
Promoters of the Belgian and Hungarian Grands Prix have extended their...
4y ago from F1i.com
Ecclestone on Hamilton: 'He'll never earn that much...
If we may believe former Formula 1 boss Bernie Ecclestone, the golden...
4y ago from GPBlog.com
No more '50 million' contracts for Hamilton -...
Jun.8 The days when Lewis Hamilton earns eye-popping amounts of money...
4y ago from OneStopStrategy.com
Ecclestone 'looking around' for a buyer for Williams
Former F1 supremo Bernie Ecclestone is helping the Williams family find a...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia: I did a better job than Martin in MotoGP...
No description available...
3h ago from Motorsport.com
Acosta "f***ed up everything" in error-prone...
No description available...
6h ago from Motorsport.com
The seven-day lead time at Michelin that made the...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
6h ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
5h ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
2d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
3d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I was more afraid of him' - Arsenal legend David...
No description available...
1h ago from SportsKeeda.com
'Get it nailed down' – Ex-Chelsea coach lashes...
Former Chelsea coach Jody Morris says he would have been ‘fuming'...
29m ago from CaughtOffside.com
'I’m not sure I’d join Barca to be a backup' -...
No description available...
3h ago from SportsKeeda.com
Arsenal transfer news: Out-of-favour defender set to...
Arsenal are reportedly willing to accept a loan offer with an...
4h ago from SportsMole.co.uk
Comments
Hottest News
FIA chief ‘FIRED’ as presidential crisis deepens
Another key figure from within the FIA has left... Read More »
2h ago from GPFans.com
Haas facing Bearman quandary as Ocon plan emerges
Haas faces a decision over its future plans with... Read More »
4h ago from RacingNews365.com
F1 champion reveals Schumacher HATRED in stunning verdict
A former champion has revealed he 'hated' Formula... Read More »
7h ago from GPFans.com
