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
Pedro Acosta: Marc Marquez’s comeback as big as...
No description available...
11h ago from Motorsport.com
Why Marc Marquez doesn't want to wrap the MotoGP title...
No description available...
10h ago from Motorsport.com
Francesco Bagnaia reveals Ducati breakthrough to fix...
No description available...
13h ago from Motorsport.com
Ex-F1 team boss Guenther Steiner and investors to...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
1d ago from MotorsportWeek.c...
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
2d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
1d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
4d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
4d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'He is a player who lights up the stadium' -...
Arsenal legend Nigel Winterburn has hailed the Gunners' new signing...
5h ago from SportsKeeda.com
New signing profile: Piero Hincapie
Following some late left-sided departures, Arsenal managed to squeeze in...
6h ago from Arseblog.com
'It’s remarkable' – Collymore reacts to Mikel...
Arsenal had started their season with two victories out of two, but last...
14h ago from CaughtOffside.com
Collymore's column: Mikel Arteta criticism, Isak and...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
14h ago from CaughtOffside.com
Comments
Hottest News
Daniel Ricciardo sends fans wild as Ford announce...
Daniel Ricciardo has F1 fans all aflutter thanks... Read More »
6h ago from GPFans.com
Tsunoda reveals how he will contribute to improve team...
Hot on the heels of his first points since the... Read More »
1h ago from F1Technical.net
Colapinto to sit out opening practice at Monza as Aron...
Ahead of this weekend's Italian Grand Prix,... Read More »
1h ago from F1Technical.net
