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

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
10h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
11h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

David Ornstein drops massive Arsenal transfer hint,...

Arsenal were reportedly considering a move for the Atletico Madrid striker...
8h ago from CaughtOffside.com

Mikel Arteta eyes Real Madrid wonderkid, Arsenal keen...

Arsenal are interested in selling the Real Madrid defender, Victor...
5h ago from CaughtOffside.com

Arsenal plan to snag Brazilian prodigy this month,...

Arsenal are interested in signing the Brazilian playmaker Breno Bidon from...
6h ago from CaughtOffside.com

Alan Shearer says only one team can stop Arsenal from...

Alan Shearer believes Arsenal will go all the way to the final of the...
7h ago from CaughtOffside.com

Comments

Hottest News

Adrian Newey's first Aston Martin project in jeopardy

Comments from two senior Honda Racing employees... Read More »
13h ago from GPFans.com

Lewis Hamilton calls out Ferrari F1 team-mate on gym fail

Seven-time F1 champion Lewis Hamilton has laughed... Read More »
4h ago from GPFans.com

F1: Tombazis confident of solution to engine row

'I believe we are going to be OK,' says the FIA's... Read More »
7h ago from Pitpass.com

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.