Max Mosley attacks F1 driver salaries

[Londoner]

Specifically Hamilton's new Mercedes contract.

Discuss

[mario]

Specifically Hamilton's new Mercedes contract.

Discuss

I swear that every time Hamilton's contract is discussed in the newspapers, journalists seem to be continually inflating the value of his contract. In less than a fortnight, the figures seem to have risen by another $10 million a year - and, furthermore, it looks as if they've forgotten that a large chunk of the theoretical value of his contract comes from performance related bonuses.

[Spectoremg]

Maybe Max would like to waste some more breath on footballers pay. Market forces.

[DanielPT]

My only gripe with this is that the same folks who throw this kind of money to the drivers can, on the following day, complain about how much the costs have risen and that the sport is sucking too much cash. Luckily Mercedes have spared us that, but there are others out there...

[CoopsII]

Maybe Max would like to waste some more breath on footballers pay.

If that's an auto asphyxiation reference then I don't think there was any evidence of Maxy being into any of that, just bog-standard, run-of-the-mill, straightforward, good old fashioned but not so old fashioned as to be described as having Nazi overtones, sado masochism.

So let's not cast aspersions, yeah?

[DemocalypseNow]

Driver salaries aren't even the biggest issue. Top engineers salaries are. You saw how Mercedes came along and bought all the top talent from their rivals. When they didn't instantly get results they were accused of having too many cooks in the kitchen, but it worked out fine in the end, while some of their traditional rivals (especially McLaren, who over the years have lost a fair few staff to big money offers from Mercedes and Red Bull).

Meanwhile, most drivers on the grid are lucky to get a salary at all. I'm sure much of Hamilton's salary is down to a mixture of performance bonuses and marketing deals. Schumacher was an extremely high earner during his time, but much of his salary did not come directly from the pocket of Ferrari.

There is no point cost capping driver salaries whilst leaving R&D budgets wide open. The latter is far more important than the former.

[Gerudo Dragon]

If you're gonna bitch about people having too much money go after the top 1% lol

[CoopsII]

Let it go Max.

http://www.bbc.co.uk/news/uk-politics-38629469

[Fetzie]

Specifically Hamilton's new Mercedes contract.

Discuss

Isn't Vettel getting 150 million plus bonuses on his current 3 year deal with Ferrari?

Anyway, I'm pretty sure Mercedes could afford to pay Hamilton that much if you halved the amount of prize money the team gets for winning and gave it to the bottom half of the field. But that's kind of up to Don Ecclestone.

[RonDenisDeletraz]

If you're gonna bitch about people having too much money go after the top 1% lol

That post looks incredibly hypocritical when next to your signature.