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Hamilton's salary increased after contract extension at Mercedes
Lewis Hamilton will stay with the Mercedes team for at least another two years, it was announced yesterday. Hamilton has been driving for the team since 2013. According to The Telegraph, the driver will earn around £40 million a year with his new deal. Due to the outbreak of the Covid pandemic, there were financial implications for Mercedes' parent company, Daimler. This forced Hamilton to take a pay cut in his final twelve-month contract. It was probably also one of the reasons why last year's contract talks took so long, as it was only announced a few weeks before the start of the new season. Read more Bottas in no rush to extend contract: 'I'm focused on tomorrow' Hamilton back to old...
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4y ago from GPBlog.com
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