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Lewis Hamilton slammed for being "too expensive" for F1 - as £40m wages 'could be halved'

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F1 budget cap because he believes Lewis Hamilton is "too expensive for Formula 1". Hamilton signed a new one-year contract with Mercedes earlier this month which will reportedly see him earn around £40m.The upcoming season sees the introduction of a new budget cap which means teams cannot spend more than $145m, but there are a few exceptions.One of those exceptions is driver salaries and Marko, head of Red Bull's driver development programme and team advisor, believes they should be included in the budget cap.

In an interview with RTL, Marko said: "Hamilton is simply too expensive for Formula 1. That’s why the drivers' salaries should be included in the cost cap." The FIA recently announced that a 'working group' has been set up to explore.

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