El Scorchio wrote: ↑05 Jan 2021, 18:08
aMessageToCharlie wrote: ↑05 Jan 2021, 17:54
Hope Hamilton doesnt overdo it in this contract negotiation as it would be a shame losing him. It's understandable that he wants to get the best out of it and he might be one of the best drivers ever, but this is a buyers market.
The Mercedes team is operating at a never seen before level of dominance and I see no indication that this will suddenly change, even with the budget cap coming. Russell proved that they can easily get the job done for a fraction of the costs at the moment and I bet that there's an abundance of skilled drivers at hand to do it for "free". This is not the time to get greedy in whatever way (if the whole story is even true).
Ola Källenius doesnt strike me as a "soft" negotiator as well from what I read about him, so I dont think it would be completely impossible that they let Lewis go, but still highly unlikely. I'm sure they'll come to an agreement.
You have to factor in what his marketing value is worth to the team as well though, and all the money him being there can bring in through brands wanting to be associated with him, and therefore the team etc. etc. You won't get that from Russell or anyone else. His campaigning for several causes also paints the team in a very positive light.
He is on another planet in terms of global fame and public recognition to even the second most well known driver, who I am going to presume was Vettel until Alonso's return. They pay a premium for that on top of his outstanding ability behind the wheel.
I agree with you that Hamilton is probably the most marketable driver right now, but with a salery of $44-50 million USD there's gotta be a break even point somewhere.
From this forbes article:
https://www.forbes.com/sites/csylt/2019 ... f1c3f82416
"the average price of a team sponsorship deal came to an eye-watering $3.3 million last year." (2018)
"That title went to Ferrari as its total sponsorship budget is calculated at $176.6 million with its biggest sponsor being tobacco manufacturer Philip Morris International which pays an estimated $50 million annually."
I find it hard to believe that Lewis' marketing value alone would come anywhere close to Ferrari's Philip Morris sponsorship.
What the value of his political activism or campaigning is to Merc, I dont know but I'd think that they are first and foremost looking to hire a driver, not an activist or potential future team manager/advisor.
Arguably it might be even better marketing for the team to prove that it's their superior machinery and technical dominance that's won them all these championships, rather than a driver they hired. They're in it to sell their cars after all.