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Toto Wolff counters Max Verstappen and Lewis Hamilton F1 salary claims with US model offer | F1 | Sports


Toto Wolff counters Max Verstappen and Lewis Hamilton F1 salary claims with US model offer |  F1 |  Sports

He added: “Formula One is looking at it without an immediate solution to it. But I think like all the other sports in the world, we need to find a way of how we can act sustainably and become independent from sovereign funds or state-owned teams.

“Therefore it’s certainly clear it will be one of the main areas because you can’t simply have a [driver] salary bill in some of the top teams that is $30, 40, 50million when the rest of the team has to be divided by $140million.

“Having said that, [drivers] are tremendous superstars, they deserve to be among the top earners in the sport in terms of direct salaries. They already are.

“And then we need to find a way of unlocking the endorsement, the capability of doing endorsement deals, which is two-thirds, if not more [of sportspeople earnings] for US sport teams – but direct salaries, Formula One drivers are paid the most.”


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