News Details

Toto Wolff opens up on Lewis Hamilton hurting Mercedes' finances

Toto Wolff has divulged how the business aspect of the Mercedes F1 team will manage following Lewis Hamilton's departure. In addition to securing six of his seven F1 championships and boasting more grand prix wins than any other driver, Hamilton has brought financial benefits to Mercedes through his renown and personal brand. Mercedes are not only bidding farewell to the greatest F1 driver of all time but also one of the most financially rewarding. Team principal and co-owner Wolff, when asked by CNBC about the potential impact of Hamilton's departure on sponsorships and merchandise sales when he joins Ferrari, stated, 'Absolutely, Lewis stands for much more than just a racing driver....
Full Story »
Share

You May Also Be Interested In...

Breaking: Lewis Hamilton and Ferrari hit by...

Lewis Hamilton possesses a ‘non-poaching' stipulation in his...
2y ago from Formula1News.co.uk

David Coulthard shuts down claim about Lewis...

Lewis Hamilton's decision to depart Mercedes and join Ferrari after the...
2y ago from Formula1News.co.uk

Charles Leclerc ‘shocked and disappointed' by...

Charles Leclerc was reportedly ‘shocked and disappointed' upon...
2y ago from Formula1News.co.uk

Toto Wolff reacts to Lewis Hamilton quitting Mercedes...

Toto Wolff has vehemently dismissed any claims that Lewis Hamilton's...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

PREMA confirmed to miss opening IndyCar round

PREMA will not be present for this weekend’s season-opening round of...
18h ago from MotorsportWeek.c...

Ticket design for 110th Indianapolis 500 unveiled

The ticket design for this upcoming May’s 110th running of the...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Arsenal and Chelsea targeting move for...

At just 18 years old, Honest Ahanor has emerged as one of the most...
3h ago from CaughtOffside.com

Looking at the books

Morning. Thanks to Andrew A for filling in yesterday, for the 83rd time...
2h ago from Arseblog.com

Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...

Liverpool, Arsenal and Manchester United are interested in signing the...
13h ago from CaughtOffside.com

Arsenal could renew interest in 250k-a-week 'machine',...

Leon Goretzka continues to be linked with a move away from Bayern Munich...
17h ago from CaughtOffside.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.