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In the PitLane: Are big driver paydays history?
As the world of F1 awaits news of Lewis Hamilton’s contract signing speculation mounts over his alleged pay demands which has inevitably led to debates over driver’s salaries. When F1 finance monitor Business Book GP published their 2020 report of driver salaries it mirrored the championship with front runners, a midfield, and those trailing at the back. In pole position are the big earners with salaries of between 16m to 47m, the midfield earners are on 4m to 9m with the rest of the pack on 500,000 to 2m. Bonuses and sponsorship money are not considered. So, with these figures it seems strange the teams have agreed in principle to a salary cap of 30m from 2023 for both drivers...
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3y ago from GrandPrix247.com
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