News Details

Report: Vettel turns-down Ferrari renewal offer

Sebastian Vettel has rejected Ferrari's most recent official contract-extension offer, according to reports. Per La Gazetta dello Sport, the Scuderia offered Vettel a one-year, 12 million extension to his current expiring contract, which is believed to pay him upwards of 40m annually. The report states that Vettel rejected the terms in the hope he can secure at least a two-year deal, at his current yearly salary. Having committed to a five-year extension with his teammate Charles Leclerc at the end of 2019, much has been made of Vettel's fate with the team, with speculation centering around his loss of 'number-one' status and how that could affect what Ferrari is willing to pay him....
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Abiteboul: Ricciardo will take a pay cut

Daniel Ricciardo will take a pay cut to help Renault through the...
5y ago from GrandPrix247.com

'Vettel refuses new one-year contract proposal from...

The contract of Sebastian Vettel expires at the end of 2020 and where Sky...
5y ago from GPBlog.com

Vettel in pay cut talks, but it will remain private

Sebastian Vettel has confirmed he is in talks with Ferrari about taking a...
5y ago from PlanetF1.com

Vettel to keep Ferrari F1 pay cut talks private

Sebastian Vettel has confirmed he is in discussions with Ferrari about...
5y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Carb day concert line-up announced for Indy 500

Indianapolis Motor Speedway has announced which bands will be playing on...

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Popular On TotalWRC.com

Popular On GunnersToday.com

Eberechi Eze injury: The key Arsenal games he will...

Eberechi Eze has suffered an injury which comes as a major blow for...
55m ago from CaughtOffside.com

Without regulation, AI will threaten the very thing...

Technology has driven countless evolutions in football – and so much of...
5h ago from CaughtOffside.com

Pundit questions if Arsenal need £69 million-rated...

Former England star Chris Waddle has claimed that Newcastle United star...
6h ago from SportsKeeda.com

Arsenal lead race for French wonderkid as Premier...

Arsenal are intensifying their pursuit of highly rated Lille midfielder...
7h ago from CaughtOffside.com

Comments

Hottest News

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.