Lewis Hamilton Says Racing Needs to Find a Way to Break up 'Billionaire Kids Club'

No one ever said that the world's best racing talents are the only ones who can make the grid in Formula 1.

F1 champions Lewis Hamilton, Sebastian Vettel and Mercedes team principal Toto Wolff just wish there might be a way to break up the "billionaire kids' club" and allow drivers with talent, and just deep pockets, make their way up racing ladder.

Hamilton says the exploding costs of becoming a professional racing driver is locking out youngsters from more modest backgrounds and ramping up the representation of drivers with extremely wealthy fathers.

"For me personally, we live in a time where this has become a billionaire kids' club," Hamilton and in a recent interview with European spots media outlet AS. "If I were to start over from a working-class family, it would be impossible for me to be here today. Because the other boys would have a lot more money. We have to work to change that and make this an accessible sport, for the rich and for people with a more humble origin.

His Mercedes team principal, Wolff, agrees.