News Details

Should drivers take pay cuts to save teams? Button answers

Whenever it comes to money it is difficult to say what others should do with Jenson Button admitting the question about drivers taking pay cuts in today's climate is 'tricky'. Many of the smaller Formula 1 teams, and even the bigger ones backed by manufactures, are facing financial hurdles as the Formula 1 season is put on hold. Red Bull advisor Helmut Marko reckons it costs the teams '100 million' for every five races missed. So far Formula 1 has cancelled two and postponed six others. The ongoing crisis around the world is not only hitting the pockets of every day people but also sportings industries. Several football teams, such as Barcelona, have announced that their players are taking...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Tost: 'Teams can save money thanks to coronavirus'

AlphaTauri boss Franz Tost has suggested that the current shutdown of...
5y ago from F1i.com

Coronavirus shutdown saving F1 teams ‘a lot of...

AlphaTauri team boss Franz Tost has said the current Coronavirus pandemic...
5y ago from MotorsportWeek.com

Tost: Teams have saved ‘a lot of money'

AlphaTauri boss Franz Tost says the coronavirus pandemic has actually...
5y ago from PlanetF1.com

F1 considering extended shutdown to save money

The Formula 1 teams could be in for a long summer break, perhaps six...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...
23h ago from MotorsportWeek.c...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
1h ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
4h ago from SkySports.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
5h ago from TheGuardian.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
6h ago from SkySports.com

Comments

Hottest News

F1: Barcelona Day 2 Recap: Ferrari

It was a productive day for us. Despite the rain,... Read More »
2h ago from Pitpass.com

LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2

The second day of on-track action for F1 in 2026... Read More »
14h ago from RacingNews365.com

2026 F1 Barcelona Pre-Season Test - Day 2 results

See the results from the second day of pre-season... Read More »
5h ago from RacingNews365.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.