News Details
Daimler Reportedly Blocked $50mn Per Year Lewis Hamilton Deal
Daimler, the parent company of Mercedes and a shareholder of the Silver Arrows, reportedly blocked a new $50 million per year deal that Lewis Hamilton was set to sign during the 2020 F1 season. 'In November, when Formula 1 went to Turkey, a contract was ready that meets Hamilton's requirements: a four-year contract with a salary of 50 million a year. Daimler, however, put a stop to that,” Italy’s Corriere Dello Sport has reported. READ: Carlos Sainz Insists Ferrari Isn’t A Team Which ‘Eats & Devours’ Its Drivers Daimler currently owns just a third of the Mercedes F1 Team following restructuring last month which resulted in Ineos purchasing a third of the team and Mercedes team...
Full Story »
Full Story »
3y ago from Formula1News.co.uk
0
You May Also Be Interested In...
'Daimler the reason that Hamilton has not yet signed a...
It is a certainty that Mercedes wants to continue with Lewis Hamilton....
3y ago from GPBlog.com
'Daimler blocked Hamilton's contract extension in...
It is a certainty that Mercedes wants to continue with Lewis Hamilton....
3y ago from GPBlog.com
Red Bull: 60 per cent of RB16B is carried over from...
Red Bull says its 2021 Formula 1 car, the RB16B, will effectively be 60...
4y ago from MotorsportWeek.com
Why Mercedes "never seriously considered"...
Daimler's dilution of its shareholding in the Mercedes Formula 1 team has...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
KTM set for MotoGP exit in 2026 amid insolvency...
KTM could be set for an exit from MotoGP and its support classes in 2026...
7h ago from MotorsportWeek.c...
KTM’s MotoGP exit set to take place in 2026 amid...
No description available...
11h ago from Motorsport.com
Di Giannantonio will try to “annoy” Marquez and...
No description available...
1d ago from Motorsport.com
Vinales: If Yamaha had listened to me, I would already...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Counting down the top five best IndyCar races of 2024
No description available...
5h ago from Motorsport.com
How Foster proved a point and fulfilled a lifelong...
No description available...
5d ago from Motorsport.com
The spotlight now on IndyCar, Indy NXT as both series...
No description available...
1w ago from Motorsport.com
Sophia Floersch signs with HMD Motorsports for 2025...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
The leading contenders for victory at the 2025 Dakar...
No description available...
7h ago from Motorsport.com
The Dacia/Prodrive innovation that is positively...
No description available...
2d ago from Motorsport.com
Rovanpera hopes circuit racing exploits can help 2025...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Barcelona to make last-gasp effort in Dani Olmo La...
No description available...
1h ago from SportsKeeda.com
Arsenal transfer news: Gunners 'leading Chelsea &...
Arsenal are reportedly leading Chelsea and Liverpool in the race to sign...
2h ago from SportsMole.co.uk
Thomas Frank delivers Mark Flekken injury update ahead...
Brentford head coach Thomas Frank provides an update on Mark Flekken's...
5h ago from SportsMole.co.uk
Arsenal move ahead of Liverpool and Chelsea in race to...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
Kelly Piquet shares FROSTY Verstappen update
Kelly Piquet - the partner of four-time Formula 1... Read More »
1h ago from GPFans.com
Hamilton given huge Ferrari F1 test after Italy debut...
Lewis Hamilton will certainly face a quick test... Read More »
4h ago from GPFans.com
In Memoriam: Racers we lost in 2024
As we prepare to usher in the new year, we take a... Read More »
2h ago from Racer.com
