News Details
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...
Full Story »
Full Story »
You May Also Be Interested In...
F1 drivers to be included in new working group to...
Get F1 news in your inbox! By signing up to the newsletter you agree to...
4y ago from Crash.net
McLaren Racing CEO Calls For Driver Salary Cap Amid...
McLaren Racing CEO Zak Brown has called on Formula One to agree a driver...
4y ago from Formula1News.co.uk
Working group to investigate F1 driver salary cap
Formula 1 will create a working group, which will include drivers, in...
4y ago from MotorsportWeek.com
Oxford Dictionary Removes ‘Outdated’ Words...
Three words have been removed from the Oxford Advanced Learner’s...
4y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Czech GP: Francesco Bagnaia questions his...
No description available...
3h ago from Motorsport.com
How Jorge Martin's first day back with Aprilia in...
No description available...
5h ago from Motorsport.com
Alex Marquez scrapes into Q2 at MotoGP Czech Grand...
No description available...
4h ago from Motorsport.com
Marc Marquez leads the way in second Brno MotoGP...
The complex interchangeable conditions sees Marc Marquez lead the field...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
1h ago from MotorsportWeek.c...
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
1d ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
2h ago from Motorsport.com
Oliver Solberg continues dream Rally1 return to extend...
No description available...
5h ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
4h ago from MotorsportWeek.c...
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
'The conversations are continuing' - Fabrizio Romano...
Arsenal and Sporting CP are reportedly battling over 7 million of the...
1h ago from SportsKeeda.com
Xavi Simons player profile: How much would the Chelsea...
RB Leipzig attacker Xavi Simons is currently one of the most sought-after...
3h ago from CaughtOffside.com
'I leave here with nothing but fond memories' - Noni...
Noni Madueke has confirmed his departure from Chelsea as he joins Arsenal...
5h ago from SportsKeeda.com
'I'm somebody who goes with my gut feeling a lot' -...
New Arsenal signing Noni Madueke has explained that he's a player who...
4h ago from SportsKeeda.com
Comments
Hottest News
Mercedes F1 star Valtteri Bottas takes on new role in...
Mercedes F1 star Valtteri Bottas has been joking... Read More »
1h ago from GPFans.com
Aston Martin and Mercedes handed defeat ahead of Belgian GP
Both Mercedes and Aston Martin were handed... Read More »
2h ago from GPFans.com
Lewis Hamilton domination triggers 'conflict' at Ferrari
Former F1 team boss Guenther Steiner has claimed... Read More »
4h ago from GPFans.com
