News Details

Toto Wolff opens up on Lewis Hamilton hurting Mercedes' finances

Toto Wolff has divulged how the business aspect of the Mercedes F1 team will manage following Lewis Hamilton's departure. In addition to securing six of his seven F1 championships and boasting more grand prix wins than any other driver, Hamilton has brought financial benefits to Mercedes through his renown and personal brand. Mercedes are not only bidding farewell to the greatest F1 driver of all time but also one of the most financially rewarding. Team principal and co-owner Wolff, when asked by CNBC about the potential impact of Hamilton's departure on sponsorships and merchandise sales when he joins Ferrari, stated, 'Absolutely, Lewis stands for much more than just a racing driver....
Full Story »
Share

You May Also Be Interested In...

Breaking: Lewis Hamilton and Ferrari hit by...

Lewis Hamilton possesses a ‘non-poaching' stipulation in his...
8mo ago from Formula1News.co.uk

David Coulthard shuts down claim about Lewis...

Lewis Hamilton's decision to depart Mercedes and join Ferrari after the...
8mo ago from Formula1News.co.uk

Charles Leclerc ‘shocked and disappointed' by...

Charles Leclerc was reportedly ‘shocked and disappointed' upon...
8mo ago from Formula1News.co.uk

Toto Wolff reacts to Lewis Hamilton quitting Mercedes...

Toto Wolff has vehemently dismissed any claims that Lewis Hamilton's...
8mo ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...

Ganassi finalizes IndyCar lineup, confirms Kyffin...

Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...

Popular On TotalWRC.com

A Farewell Message from The Checkered Flag

After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...

Didier Auriol entering Rally Japan, first WRC start...

1994 World Rally Champion Didier Auriol will run the 2024 season finale in...

Popular On GunnersToday.com

'I win trophies' – Arsenal fans won't like what...

Jamie Carragher has doubled down on his stance that Mikel Arteta's Arsenal...
49m ago from CaughtOffside.com

'We know…' – Arsenal winger interest...

Arsenal FC expert Charles Watts has commented on the transfer links with...
3h 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.