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...
1y ago from Formula1News.co.uk

David Coulthard shuts down claim about Lewis...

Lewis Hamilton's decision to depart Mercedes and join Ferrari after the...
1y ago from Formula1News.co.uk

Charles Leclerc ‘shocked and disappointed' by...

Charles Leclerc was reportedly ‘shocked and disappointed' upon...
1y ago from Formula1News.co.uk

Toto Wolff reacts to Lewis Hamilton quitting Mercedes...

Toto Wolff has vehemently dismissed any claims that Lewis Hamilton's...
1y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir reflects on ‘long, tiring journey' to...

Joan Mir and Honda celebrated their first MotoGP podium finish together...

Popular On IndyCarToday.com

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
15m ago from MotorsportWeek.c...

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Andretti hires ex-Penske director Ron Ruzewski as...

Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Saka strike seals Arsenal win over Olympiakos

Arsenal made it two wins out of two in the Champions League as Bukayo...
55m ago from SkySports.com

Report: Liverpool, Arsenal and Chelsea set to battle...

Barcelona defender Ronald Araujo has been linked with a move away from the...
1h ago from CaughtOffside.com

Arsenal v Olympiacos – live blog

Join us for live blog coverage of our Champions League clash with...
3h ago from Arseblog.com

'Arteta would rather bench his own dad than bench him'...

Arsenal fans have been left feeling unhappy by the decision of manager...
3h ago from SportsKeeda.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.