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 »
4y 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....
4y ago from GPBlog.com
'Daimler blocked Hamilton's contract extension in...
It is a certainty that Mercedes wants to continue with Lewis Hamilton....
4y 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
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
21h ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
2d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
2d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
1h ago from Motorsport.com
FIA promises WRC investment following commercial...
No description available...
7h ago from Motorsport.com
Fast WRC Paraguay stages promise “plenty of...
No description available...
22h ago from Motorsport.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with a match between two of its...
1h ago from SportsKeeda.com
Arsenal boss Mikel Arteta provides Bukayo Saka and...
Arsenal manager Mikel Arteta has revealed that winger Bukayo Saka will...
1h ago from SportsKeeda.com
Gary Neville & Ian Wright are now saying the same...
Liverpool will take on Arsenal in the Premier League at the weekend, and...
2h ago from CaughtOffside.com
Arteta: Saka hamstring injuries a big concern
Mikel Arteta has admitted Bukayo Saka's hamstring injuries are a big...
3h ago from SkySports.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP2 Results
Lando Norris set the pace in FP2 for the 2025 F1... Read More »
1h ago from MotorsportWeek.com
F1 2025 Dutch Grand Prix – FP1 Results
Lando Norris went fastest in the opening... Read More »
5h ago from MotorsportWeek.com
LIVE: 2025 F1 Dutch Grand Prix - Zandvoort Free Practice 2
Follow along live with all the action from... Read More »
4h ago from RacingNews365.com
