News Details
Ecclestone: 'Golden days' of 50M contracts over for Hamilton
Bernie Ecclestone says Lewis Hamilton's days of earning a massive retainer from Mercedes are over, the former F1 supremo predicting significant pay cuts for all drivers. Formula 1's disrupted season due to the coronavirus is set to finally get underway next month, but the financial damage to the sport caused by the pandemic is forcing teams to rein in costs. The introduction next year of a budget cap along with other regulation measures will help mitigate the effects of the economic downturn, but driver salaries - although excluded from the cost cap items - aren't immune to the sport's slump. Hamilton lashes out at UK government for COVID handling Hamilton's contract with Mercedes is up...
Full Story »
Full Story »
You May Also Be Interested In...
Spa-Francorchamps and Hungaroring extend contracts...
Promoters of the Belgian and Hungarian Grands Prix have extended their...
5y ago from F1i.com
Ecclestone on Hamilton: 'He'll never earn that much...
If we may believe former Formula 1 boss Bernie Ecclestone, the golden...
5y ago from GPBlog.com
No more '50 million' contracts for Hamilton -...
Jun.8 The days when Lewis Hamilton earns eye-popping amounts of money...
5y ago from OneStopStrategy.com
Ecclestone 'looking around' for a buyer for Williams
Former F1 supremo Bernie Ecclestone is helping the Williams family find a...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez establishes control to top final Brno...
Marc Marquez resumed his momentum from Friday's wet conditions as he...
1h ago from MotorsportWeek.c...
MotoGP Czech GP: Francesco Bagnaia shocks with first...
No description available...
15m ago from Motorsport.com
MotoGP Czech GP: Francesco Bagnaia questions his...
No description available...
15h ago from Motorsport.com
Marc Marquez leads the way in second Brno MotoGP...
The complex interchangeable conditions sees Marc Marquez lead the field...
19h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
13h ago from MotorsportWeek.c...
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
1d ago from Motorsport.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
1h ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
16h ago from MotorsportWeek.c...
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
14h ago from Motorsport.com
Oliver Solberg continues dream Rally1 return to extend...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
How Noni Madueke feels about Arsenal fan criticism...
Noni Madueke's transfer to Arsenal is now official, but how does the...
55m ago from CaughtOffside.com
(Photo) Leaked image accidentally confirms another...
Valencia defender Cristhian Mosquera appears to be an Arsenal player, even...
25m ago from CaughtOffside.com
'I'm told…' – Journalist claims two...
Noni Madueke's transfer to Arsenal is now official, and it seems Mikel...
2h ago from CaughtOffside.com
'Spend the money elsewhere' - Arsenal legend urges...
Ray Parlour has urged Arsenal not to sign João Palhinha from Bayern...
1h ago from SportsKeeda.com
Comments
Hottest News
McLaren boss admits 'scary' reality of star driver transfer
McLaren F1 boss Zak Brown has responded to the... Read More »
2h ago from GPFans.com
Cadillac's phantom pole: How a glitch stole the show in F1...
Cadillac's long-anticipated entry into Formula 1... Read More »
35m ago from F1i.com
Wolff on enduring bond with Hamilton: ‘He shows me who he...
Mercedes F1 team principal Toto Wolff shared... Read More »
1h ago from F1i.com
