Vettel, Wolff back Hamilton over racing costs

Sebastian Vettel and Toto Wolff have backed Lewis Hamilton’s sentiment after the seven time world champion described modern Formula 1 as a “billionaire kids’ club”. “At the moment, a good karting season costs 250,000 euros, a Formula 4 season costs 500,000 and it’s a million for a season in Formula 3. “That is totally absurd and has to stop,” said Wolff. Quadruple world champion Sebastian Vettel also recognises the problem, insisting that the motorsport industry must try harder so that “children from all walks of life” are able to aim for a career in racing. “It’s not easy to fix, either – the costs are simply too high.”.

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