That's $50 million over the two years he's committed to McLaren. If he takes up the option of a third season, $75 million.
And the move isn't even being made to join a team that can guarantee him contention for grands prix, let alone for the Formula One world championship. McLaren trailed third-placed Red Bull by a whopping 272 points and winner Mercedes by 594 points. They were 45 points better than Renault, but still on a different planet.
McLaren was recently rejected for a £150 million UK government emergency loan and is still trying to find £250 million in credit, with revenues slumping. It was the first F1 team to furlough staff amid the season shutdown and has been the most outspoken about reducing the sport's spending cap.
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