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Lewis Hamilton

Marko: Hamilton too expensive for Formula 1

Red Bull advisor Dr.Helmut Marko says Hamilton is too expensive for Formula 1 and driver salaries must be included in the budget cap.

Helmut Marko has come out in criticism of Hamilton's salary demands. The Austrian believes the reigning world champion is too expensive for the sport and that the driver salaries must be included in the cost cap.

One of the key sticking points in the Hamilton-Mercedes contract saga was with regard to the money Hamilton wanted to extend his stay at the German outfit. Red Bull's Helmut Marko believes Hamilton's salary demands are exceedingly high and too expensive for the current climate surrounding Formula 1.

"Hamilton is simply too expensive for Formula 1," said Marko to RTL / ntv.

"That's why the driver's salaries should also be included in the 'cost cap'," the Austrian concluded.

A new rule for the 2021 Formula 1 season will the teams restricted to an upper budget of $145 million with a further reduction of $5 million coming in 2022 and another reduction coming in 2023 leaving the teams with $135 million to compete with.

While the current budget restrictions do not include the driver's salaries a discussion to limit how much a team can pay a driver seems to inevitably be on the horizon.


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