News Details

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbished suggestions it could force superstar drivers to look elsewhere. Next season Formula 1 will operate under a budget cap of $145 million. That, though, is by no means the teams' only costs. There are several exemptions to the cap, the biggest being drivers' salaries. Mercedes has the biggest salary budget with Lewis Hamilton on $40m per season and Valtteri Bottas earning $8m. Next in line is Ferrari with Sebastian Vettel on $30m while Charles Leclerc earns a third of that. But at a time when Formula 1 is desperately looking at ways to reduce the costs of competing in the sport while also levelling...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Team bosses believe drivers should be included in...

One of the biggest anomalies of the budget cap due to be introduced next...
5y ago from Pitpass.com

No reason not to include driver salaries in budget cap...

Haas team principal Guenther Steiner sees no reason why driver salaries...
5y ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
5y ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
5y ago from SkySports.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...
17h 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...
21h ago from MotorsportWeek.c...

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

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

Mikel Arteta has revealed he called his players for a meeting to...
17m ago from SkySports.com

Arsenal chose well when they sent Ethan Nwaneri on...

liam Saliba became a leader during his time in France. Arsenal are hoping...
3h ago from TheGuardian.com

“The most fragile I’ve ever seen them” - Phil...

Phil Jones was unimpressed with the performances of Arsenal duo Gabriel...
6h ago from SportsKeeda.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.