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...
5y 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...
5y ago from GPBlog.com
No more '50 million' contracts for Hamilton -...
Jun.8 The days when Lewis Hamilton earns eye-popping amounts of money...
5y ago from OneStopStrategy.com
Ecclestone 'looking around' for a buyer for Williams
Former F1 supremo Bernie Ecclestone is helping the Williams family find a...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
14h ago from MotorsportWeek.c...
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool are out to ruin Arsenal's transfer plan by...
Liverpool and Arsenal fought for the Premier League title in 2024/25 but...
19m ago from CaughtOffside.com
Fabrizio Romano drops 'here we go' & another...
Arsenal fans have been given some exciting transfer news in the last half...
1h ago from CaughtOffside.com
David Ornstein: Arsenal make £9.3m bid to sign...
With Martin Zubimendi set to join the club, Arsenal are not done there....
1h ago from FreshArsenal.com
'Someone who catches my eye' – Arsenal expert...
Arsenal are being linked with a number of wingers at the moment, but...
2h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton stuns Ferrari insider with 'sensational'...
We are now 10 races into the 2025 F1 season, and... Read More »
4h ago from GPFans.com
Verstappen and Garrix unveil ‘Orange Lion’ lid for...
Max Verstappen expects to be turning head’s... Read More »
59m ago from F1i.com
Red Bull set for driver swap at upcoming race
Red Bull are gearing up to swap out one of their... Read More »
1h ago from GPFans.com