News Details

Brown in favour of driver salary cap 'in next few years'

McLaren CEO Zak Brown says he expects to see a driver salary cap introduced in Formula 1 in the next few years, but says there would be issues extending it to wider team personnel. “I think all team bosses are in favour of introducing the salary cap for the drivers," he told Motorsport-total.com this week. "I think they will introduce it in the next few years." The sport is already introducing an overall annual spending cap of no more than $145 for all teams taking part in the world championship this year, dropping to $135m from 2023. Read also: Mercedes slams 'pure fiction' Hamilton contract rumors “Formula 1 had to change its financial profile in order to make the...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Brown raises question marks about salary cap

Zak Brown expects the proposed salary cap to be introduced to F1 “in...
4y ago from PlanetF1.com

Many questions about F1 salary cap: 'How does Marko...

From 2021 there is a budget cap of $145 million (USD) in Formula 1,...
4y ago from GPBlog.com

Lewis Hamilton’s ‘Attitude’ & Salary...

Lewis Hamilton is now officially a free agent, with his most recent...
4y ago from Formula1News.co.uk

‘Stop Being So Greedy’: Lewis Hamilton Lambasted...

Lewis Hamilton is the only F1 driver currently without a contract for the...
4y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez wins Brno MotoGP Sprint race

Marc Marquez continued his Saturday afternoon dominance with another...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar Toronto – Qualifying Results

A knockout qualifying session for the NTT IndyCar Series took place on...
12h ago from MotorsportWeek.c...

Colton Herta hauls in IndyCar pole in Toronto

IndyCar completed a busy qualifying session on the streets of Toronto...
12h ago from MotorsportWeek.c...

Andretti tops Team Penske in IndyCar’s second...

IndyCar took to the streets of Toronto on Saturday morning, turning...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

SuperSwede Solberg in command on Rally Estonia

Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Not Sesko: Arsenal now looking to sign striker from...

Arsenal are interested in signing the Mainz attacker Nelson Weiper during...
58m ago from CaughtOffside.com

‘Literature has completely changed my life’:...

mer Arsenal player wins admiration for his taste in books, but admits one...
1h ago from TheGuardian.com

In the crazed transfer trolley dash, the next glossy...

ly moves in the market are revealing about the state of the Premier League...
1h ago from TheGuardian.com

Tour squad announced : Big Vik's dad is crying

Morning. A very quick Sunday blog for you. Arsenal yesterday announced a...
2h ago from Arseblog.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.