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F1 drivers to be included in salary cap working group

Formula 1's drivers will have a seat at the table when a new working group begins its discussions on a salary cap proposal which the sport aims to introduce in the future. This year's $145 million budget cap excludes, among other items, drivers' retainers as well as the salaries of the three highest paid members of a team's management. Last year, a proposal was tabled to limit drivers' salaries to $30 million. The idea gained traction with team bosses who see the restriction as a useful tool to help lower costs and drive equality in the sport. However, a few significant legal hurdles will likely need to be ironed out before such a provision cap can be implemented. The topic was discussed...
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4y ago from F1i.com 0
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