News Details

Report: Hamilton seeking $50 million-a-year contract extension

Lewis Hamilton is set to request a $50 million-a-year contract with Mercedes when negotiations resume in the coming weeks, it has been reported. With the talks put on hold during F1's hiatus due to the COVID-19 pandemic, The Daily Mail is reporting that Hamilton is seeking a $5 million improvement on his soon-to-expire $45m-a-year contract once the sport returns to racing this weekend in Austria. Currently one of the two highest-paid drivers in Formula 1, the Briton is almost guaranteed to become the sport's highest-earner regardless of whether he attains a wage increase or not, as his closest financial competitor Sebastian Vettel has been unable to agree his own terms on extending his...
Full Story »
4y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Report: McLaren to receive loan from National Bank of...

McLaren are on the verge of securing a loan from Bahrain's national bank...
4y ago from GrandPrix247.com

Report: Mugello will hold Ferrari's 1000th Grand prix

It is understood that an agreement between Mugello and Formula One has...
4y ago from GrandPrix247.com

McLaren seeking loan from National Bank of Bahrain

We’ve discussed the current financial struggles at McLaren on our last...
4y ago from TheParcFerme.com

Confirmed: McLaren to receive £150 m loan from...

UPDATE: McLaren have now confirmed that they will receive £150 million...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia fights off Jorge Martin to take...

Ducati's Francesco Bagnaia took a remarkable win over championship rival...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Felipe Drugovich granted IndyCar test with Chip...

2022 FIA Formula 2 World Champion Felipe Drugovich has landed an NTT...
20h ago from MotorsportWeek.c...

FBI descend on Rahal Letterman Lanigan Racing base

According to multiple reports, the Federal Bureau of Investigation (FBI)...

Popular On TotalWRC.com

Popular On GunnersToday.com

Man City preview: More of the same …

Morning all. It's the third of three tricky away games today as we visit...
1h ago from Arseblog.com

Arsenal expected to re-explore transfer move for...

Arsenal are reportedly expected to look again into the possibility of...
2h 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.