News Details

Wolff insists Hamilton and Verstappen's mega-salaries are unacceptable

With Formula 1 teams becoming increasingly under financial strain, Mercedes F1 team principal Toto Wolff has expressed his support of the controversial proposed driver salary cap. Teams have threatened that they may miss the final rounds of the championship, should the $140 million budget cap not be increased. The dramatic inflation which has hit every market in the world, has seen running costs surge for teams, whilst some drivers currently sit on extremely lucrative contracts. None more so than Mercedes' Sir Lewis Hamilton, who's current deal is rumoured to be worth $62 million, according to Forbes. READ: Hamilton vows to ‘do anything’ to stop porpoising woes as he admits health...
Full Story »
Share

You May Also Be Interested In...

Vettel disappointed with Red Bull for ‘personal'...

Four-time World Champion Sebastian Vettel has spoken out in...
3y ago from Formula1News.co.uk

‘I would be careful': Ralf Schumacher warns Haas...

Not for the first-time this season, former driver Ralf Schumacher has...
3y ago from Formula1News.co.uk

Verstappen's father ‘not objective' –...

Jun.12 Sergio Perez will not be prevented from winning the drivers'...
3y ago from OneStopStrategy.com

Red Bull reveal why they're ‘worried' about...

Red Bull Racing go into the upcoming double-header full of 'optimism',...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Romain Grosjean returns to IndyCar with full time seat...

Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

'Now is your time', 'Can't believe my eyes' - Arsenal...

Arsenal fans have reacted to Myles Lewis-Skelly’s inclusion in the...
44m ago from SportsKeeda.com

Arsenal v Wigan – live blog

Join us for live blog coverage of our FA Cup 4th round tie at home to...
44m ago from Arseblog.com

Arsenal v Wigan Athletic: FA Cup fourth round – live

FA Cup news from the 4.30pm GMT kick-off in London<br>⚽ <a...
1h ago from TheGuardian.com

The big three Man City characters Neville says Arsenal...

Man City "need something really special" to topple Arsenal in...
1h ago from SkySports.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.