News Details

Mid-field team bosses converge on driver salary cap in F1

Several bosses of mid-field teams in F1 have pronounced themselves in favour of including driver salaries in the sport's budget cap. A $145 million cost cap will be introduced from 2021 with the aim of levelling the playing field. But the number excludes, among other items, drivers' retainers. Mercedes boss Toto Wolff recently supported the idea of including driver salaries in the teams' controlled restricted budget, but the Austrian fears that imposing a threshold on retainers could drive F1's super stars away from the sport. Lewis Hamilton is currently the sport's top earner with the Briton taking in an estimated $40m annually. Ferrari's Sebastian Vettel also figures among the big buck...
Full Story »
5y ago from F1i.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

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team...
5y ago from PlanetF1.com

Ferrari: It is painful, very painful

For Scuderia Ferrari, the Styrian Grand Prix was all over after little...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

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

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Solberg steals the show on Saturday

Oliver Solberg and Elliot Edmondson continued where they left off on...

Solberg sensational in the snow (and slush, and rain)

Oliver Solberg and Elliot Edmondson, making their debut as full-time...

Popular On GunnersToday.com

Jermaine Jenas warns Arsenal about 3 Manchester United...

Former Tottenham Hotspur midfielder Jermaine Jenas has warned Arsenal that...
37m ago from SportsKeeda.com

Arteta: I feel part of Rams' Super Bowl challenge

Stan Kroenke just became America's largest private landowner. The Arsenal...
2h ago from SkySports.com

Talks held: Arsenal planning transfer move for £43m...

Arsenal are reportedly discussing a potential future transfer move for...
1h ago from CaughtOffside.com

'It's a challenge' | Carrick explains what Man Utd...

Manchester United head coach Michael Carrick says he is embracing the...
2h ago from SkySports.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.