Join Grace, Paul and me as we discuss the Formula 1 news of the week. F1’s billion dollar offer (rumored), moving to Monaco, and campaigning for safety. we even have Albon’s cats and mailbag.
"You can't take F1 to America, you have to take America to F1."
tpf@theparcferme.com
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Great pod as usual. I would push back on the position that LH’s reported 62M pound extension (if true) being “dumb money” or affecting the function of the team in any way. Firstly, driver salaries don’t count towards the cost cap so it won’t penalize Merc in that way. Also, Merc in 2019 spent something like $450M and in 2021 their total spend was something like 325M per motorsport’s reporting. So with the cap continuing to lower operating costs that’s more money for the teams to pocket, and that going to a raise for Lewis is perfectly fine and i… Read more »
I think it all falls into a cost structure in the end. I do think team boss salaries, head engineers all play a part and have an impact on the team. No doubt Adrian Newey cost a lot of money but his designs win races so there’s the benefit. Lewis wins races and titles so there’s the payoff for his $40M salary. However, if I were Merc, I wouldn’t pay that kind a money for a driver at the end of his career. I would be building for the future. By paying $20M, reportedly, above his current salary, that is… Read more »