Contract extension rumours denied

By Andrew Hooper
August 19 2003

 

 

  
Contract extension rumours denied
 
The rumours concerning the BMW WilliamsF1 drivers switched to ralf Schumacher with reports in the media that Ralf had secured a two-year extension to his current contract. But it had involved a pay-cut on the part of the German.

The German daily Bild said that Ralf had taken a US$3 million cut to his salary in order to continue with the WilliamsF1 team.

But in all too usual fashion these reports were quickly denied by the WilliamsF1 team. A team spokesman said: "We have not done anything yet. Of course, we are going through negotiations but to say there is ink on paper would be going too far."
 
 
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