News Details

Whitmarsh set for $10m McLaren payout

Ousted boss Martin Whitmarsh could walk away from McLaren with a $10 million payout. Last month, when Eric Boullier became the British team's new chief in the wake of supremo Ron Dennis' return to power, it was rumoured Whitmarsh agreed not to speak to the media while his contract payout is negotiated. "Martin is a friend," Dennis said in March. "Some decisions you take in life are not that easy, and I will not elaborate." Britain's Daily Mail now reports that while Whitmarsh's severance package is still being negotiated, it is "likely" to be around $10 million. Correspondent Jonathan McEvoy said the figure is more than $400,000 for each of the 24 years...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Ecclestone was afraid of losing grip as Formula 1 big...

Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP...
11y ago from GrandPrix247.com

No Formula 1 customer teams in 2015 says Honda boss

Yasuhisa Arai Honda's Formula 1 boss revealed that the Japanese...
11y ago from GrandPrix247.com

Ferrari shake-up as F1 boss Domenicali quits

ROME, April 14, 2014 (AFP) - Ferrari's Formula One boss Stefano...
11y ago from F1Plus.com

McLaren taking Red Bull staff dispute to high court

Ron Dennis in Shanghai McLaren supremo Ron Dennis on Saturday confirmed...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP announces Qatar round postponed until November

MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...

How the 2027 MotoGP grid is shaping up

No description available...
2d ago from Motorsport.com

Popular On IndyCarToday.com

IndyCar Arlington – Qualifying Results

25 IndyCar drivers took to the track Saturday afternoon to decide the...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Taka-San: King of Kenya

At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...

Popular On GunnersToday.com

Arsenal hero Thierry Henry sums up feeling of watching...

Arsenal legend Thierry Henry has revealed his reaction to teenage...
2h ago from SportsKeeda.com

“It’s not over. Who said that?” - Guardiola...

Manchester City boss Pep Guardiola has sent a strong message to Arsenal on...
7h ago from SportsKeeda.com

Chelsea legend John Terry says Arsenal talent Max...

Chelsea legend John Terry compared Arsenal wonderkid Max Dowman to Lionel...
7h ago from SportsKeeda.com

Nerves were meant to afflict Arsenal, but Manchester...

t Ham draw shows City trying to create a sense of who they are, but...
8h ago from TheGuardian.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.