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Lewis Hamilton hit out Saturday at studies claiming he’s searching for an enormous wage enhance to re-sign with Mercedes for 2021 and past. As rival driver Romain Grosjean stated it was “unacceptable” for Hamilton to earn greater than $40 million, the six-time champion took to social media to slam the tales. “The media keep writing about (my) contract and making demands, but I haven’t even spoken with Toto about it yet,” he wrote on Instagram. “No demands. The conversation hasn’t even begun. So please stop making shit up.”
Hamilton didn’t specify which information organisations he was referring to, however a report within the London Daily Mail earlier this week claimed he was searching for a wage enhance to $50 million.
Other studies stated Mercedes weren’t ready to exceed $20 million ({dollars}).
Frenchman Grosjean, who races for the American Haas group and is a director of the Grand Prix Drivers Association (GPDA), stated there had been some debate on the problem and identified that limiting pay on the high finish of the drivers’ market may influence the careers of youthful rising stars.
“We had this talk in the GPDA,” he stated. “Some were in favour, others were against. I do think it’s unacceptable that Lewis Hamilton earns more than 40 million dollars while some drivers earn 150,000 a year for the same job.
“However, it was identified that if we cap drivers’ salaries, we break the entire ladder of motorsport.
“Who would invest money in young driver programmes to pay for their racing if they can’t get their money back by taking a percentage of the drivers’ high wages? That’s the debate.
“Personally, I wasn’t essentially towards the thought of getting drivers’ salaries (included) within the price range cap…
“But then, for sure, you would question what manufacturer or manager would come and spend a fortune on a driver only to take back 20 per cent of something that is capped – so they never get their money back.”
Mercedes group chief Toto Wolff stated he had tried to stay in touch with each Hamilton and his team-mate Valtteri Bottas in the course of the lockdown. Both drivers’ contracts expire this yr.
“Simply based on the fact that we haven’t seen each other a lot, we have been keeping the discussion up,” Wolff stated.
“We are in a position of trust with both, which you could say, in F1, doesn’t mean a lot — but it does in our team and I guess that we will do the next steps soon.
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“But I do not need to decide to any timing as a result of I do not need to reply questions each weekend. There’s no urgency. All of us need to do it and when the time is true we’ll announce it.”
Formula One has made clear {that a} future wage cap is into account as the game introduces widespread value cuts and price range caps.
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