Former F1 racing boss believes star drivers make too much money

Lewis Hamilton Formula One

Here's everything you need to know about the wonderful world of motorsports this week.

Former FIA president Max Mosley believes F1 drivers are being paid too much.

Mosley, the former president of Formula One's governing body, told GQ Magazine that salaries for the sport's elite drivers are "absurd."

These comments come just days after Mercedes-AMG's Lewis Hamilton put pen to paper on a three-year contract worth an estimated $160 million.

At the same time, Formula One's less affluent teams such are struggling to stave off bankruptcy.

According to ESPN, Mosley explained to GQ that there would be a hard budget cap in place were he put in charge of the racing series.

IndyCar Detroit Race 2

IndyCar's Detroit race got wet and wild on Sunday.

IndyCar followed up a memorable Indy500 with a wet and wild Sunday race in Detroit. In the second race of a two-race weekend, heavy rain wreaked havoc on the drivers and cars. Drivers struggled with visibility while the cars struggled to find traction in the near-monsoon like conditions.

An extensive debris field left by a late race crash involving Indy500 winner Juan Pablo Montoya forced officials to stop the race as marshalls cleaned up the track. When the race restarted, IndyCar switched the race to a 5-minute sprint to the checkered flag. Former F1 driver and Champ Car star Sebastian Bourdais took his first win of the season. Bourdais is the seventh different winner in eight races this season.

Jimmie Johnson NASCAR Dover

Jimmie Johnson wins for the 10th time at Dover.

Jimmie Johnson won his fourth Sprint Cup race of the season over the weekend at Dover International Speedway. The victory is also the Hendrick Motorsport driver's 10th at the vaunted "Monster Mile." Johnson was followed across the line by defending series champion Kevin Harvick and young star Kyle Larson. Polesitter Denny Hamlin finished the race three-laps behind in 21st position after a late-race wreck.

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SEE ALSO: 30 awesome photos from Formula One's glamorous Monaco Grand Prix