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Friday, Jun 13, 2025
Six-time Formula One world champion Hamilton said he was already with his dream team at Mercedes and not seeking to leave.
Williams said British driver George Russell and Canadian rookie Nicholas Latifi will take a 20 per cent salary reduction. Racing Point said Canadian driver Lance Stroll and Mexican Sergio Perez would also take voluntary wage cuts.
Four times a championship runner-up, and also third overall on three occasions, no other driver has won as many races without taking the title.
Renault, whose F1 drivers are Australian Daniel Ricciardo and Frenchman Esteban Ocon, said it would top up the amount allocated by the government to guarantee a minimum of 80 per cent of actual salary for all team members.
Formula One is introducing a budget cap next year, with teams agreed on $145 million but McLaren and others seeking a further drop to around $100 million with Ferrari opposed.
Formula One's 10 teams have committed to the sport until at least the end of 2025.
Formula One and the governing FIA said they expected to begin the championship in Europe at the end of May, subject to regular review.
The employee was among at least five Formula One personnel - four from Haas - who went into isolation this week after showing flu-like symptoms typical of the virus.
Formula One announced this month that it was postponing until 2022 planned major rules changes for 2021 'due to the currently volatile financial situation' caused by the coronavirus.
British American Tobacco, which had its own Formula One team before selling to Honda in 2006, is returning to the sport under a multi-year global partnership with McLaren.
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