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
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
7h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
9h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
8h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
2h ago from Motorsport.com
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
4h ago from MotorsportWeek.c...
WRC Canary Islands: Ogier leads Solberg by 3.8s...
No description available...
3h ago from Motorsport.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Women vs Lyon Women Prediction and Betting...
Defending European champions Arsenal Women host Lyon Women for the first...
23m ago from SportsKeeda.com
“We make it difficult” - Arsenal legend Ian Wright...
Pundit Ian Wright has weighed in on Arsenal's performance after their...
1h ago from SportsKeeda.com
Arsenal boss Mikel Arteta issues injury update on...
Arsenal manager Mikel Arteta has brushed aside injury worries about Kai...
2h ago from SportsKeeda.com
Arsenal 1-0 Newcastle United: Premier League – as it...
rechi Eze’s early goal was enough to secure a win against Newcastle and...
2h ago from TheGuardian.com
Comments
Hottest News
Max Verstappen’s ‘second father’ opens up on Jos...
Former Red Bull advisor Helmut Marko has offered... Read More »
2h ago from GPFans.com
Striking Red Bull new rear wing explored as Chinese giants...
Check out the biggest stories of the day with the... Read More »
2h ago from RacingNews365.com
The F1 driver kidnapped and ransomed for $5million
Being the last female driver to compete in F1 is... Read More »
3h ago from GPFans.com
