Lewis Hamilton’s £40 million per-year salary is problematic relative to the amount paid to some other drivers in Formula 1, says Haas’ Romain Grosjean.
Grosjean, who is director of the Grand Prix Drivers’ Association (GPDA) was asked in a media session on Friday about reports F1 is planning to implement a driver salary cap to help control costs when he brought the six-time world champion up.
“We had this talk in the GPDA,” he revealed, as reported by Autosport. “Some were in favour, others were against. I do think it’s unacceptable that Lewis Hamilton earns more than 40 million while some drivers earn 150,000 a year for the same job.”
At the same time, the Frenchman acknowledges that large salaries such as Hamilton’s have benefits for more than just the individual driver.
“However, what was pointed out was that if we cap drivers’ salaries, we break the whole 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 necessarily against the idea of having drivers’ salaries in the budget 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% of something that is capped, so never getting their money back.”
Hamilton, who is one of F1’s highest-paid drivers ever, is set to negotiate a new contract with Mercedes before the end of the 2020 season.