News Details

Wolff insists Hamilton and Verstappen's mega-salaries are unacceptable

With Formula 1 teams becoming increasingly under financial strain, Mercedes F1 team principal Toto Wolff has expressed his support of the controversial proposed driver salary cap. Teams have threatened that they may miss the final rounds of the championship, should the $140 million budget cap not be increased. The dramatic inflation which has hit every market in the world, has seen running costs surge for teams, whilst some drivers currently sit on extremely lucrative contracts. None more so than Mercedes' Sir Lewis Hamilton, who's current deal is rumoured to be worth $62 million, according to Forbes. READ: Hamilton vows to ‘do anything’ to stop porpoising woes as he admits health...
Full Story »
Share

You May Also Be Interested In...

Vettel disappointed with Red Bull for ‘personal'...

Four-time World Champion Sebastian Vettel has spoken out in...
3y ago from Formula1News.co.uk

‘I would be careful': Ralf Schumacher warns Haas...

Not for the first-time this season, former driver Ralf Schumacher has...
3y ago from Formula1News.co.uk

Verstappen's father ‘not objective' –...

Jun.12 Sergio Perez will not be prevented from winning the drivers'...
3y ago from OneStopStrategy.com

Red Bull reveal why they're ‘worried' about...

Red Bull Racing go into the upcoming double-header full of 'optimism',...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Victoria Government rejects MotoGP requests to move...

The Victoria State Government has rejected a request from MotoGP to move...
20h ago from MotorsportWeek.c...

Dorna Sports unveils rebrand as part of MotoGP...

Dorna Sports has announced it will be officially known as MotoGP Sports...

Popular On IndyCarToday.com

David Malukas heads the timesheets in opening IndyCar...

The NTT IndyCar Series held the first of two open test days at Phoenix...
10h ago from MotorsportWeek.c...

George Barber, founder of iconic IndyCar venue, passes...

Barber Motorsports Park has announced that founder of the iconic track...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Arsenal concerned about future of 23-year-old due to...

Arsenal could face a significant defensive decision this summer as...
1h ago from CaughtOffside.com

'We want to try and be brave' - Wolves boss sends...

Wolverhampton Wanderers head coach Rob Edwards acknowledged the quality in...
2h ago from SportsKeeda.com

‘Different but the same’: how Arsenal are keeping...

tandem with Game Day Vision, the Premier League club are improving the...
3h 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.