News Details
Report: Ferrari wants Vettel to take ‘drastic' pay-cut
Ferrari has reportedly made its first official contract-extension offer to Sebastian Vettel, albeit one that would represent a significant downgrade for the four-time world champion. Per Sky Sport Italia, the Scuderia are offering Vettel merely a one-year extension to the three-year, 100 million deal he signed in 2017, with a 'drastic' decrease in salary. As the report notes, Vettel's stock at Ferrari took a significant hit in 2019 with the emergence of teammate Charles Leclerc, while the delayed start to the 2020 season has left him with no opportunity to reassert his position as the team's number one driver. Compounding matters, Ferrari already has a list of drivers it considers viable...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Todt vs GP247: Lawyers request extension but go...
The inexplicable Jean Todt versus GrandPrix247 saga has taken a bizarre...
5y ago from GrandPrix247.com
Cancelling five races means losing ‘$100 million'
Helmut Marko has backed F1's decision to defer the 2021 rules for a year,...
5y ago from PlanetF1.com
Massa: I wouldn't replace Vettel with Hamilton
Ferrari would be making a mistake in partnering Lewis Hamilton with...
5y ago from GrandPrix247.com
Marko says lost races 'could cost teams 100 million'
Red Bull motorsports consultant Dr Helmut Marko says that the financial...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Valencia test: Raul Fernandez leads Aprilia 1-2...
No description available...
1h ago from Motorsport.com
Raul Fernandez leads Aprilia 1-2 to top Valencia...
Trackhouse Aprilia’s Raul Fernandez led the Italian manufacturer to...
1h ago from MotorsportWeek.c...
How Ducati superbike star Nicolo Bulega fared in his...
No description available...
4h ago from Motorsport.com
Alex Marquez makes his debut on factory Ducati MotoGP...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
5d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
5d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
1d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool motivated to sign Arsenal & Chelsea...
Liverpool are interested in signing Antoine Semenyo from Bournemouth. ...
1h ago from CaughtOffside.com
Brazil issue fresh injury update on Gabriel Magalhaes...
The Brazil national team has issued a statement with regards to the injury...
7h ago from SportsKeeda.com
Interlull ‘On This Day'
Morning, it's very Interlully, so let's do a bit of ‘On this day' to...
11h ago from Arseblog.com
Arsenal officials in Spain to watch LaLiga winger with...
Representatives from Premier League side Arsenal have reportedly travelled...
7h ago from SportsKeeda.com
Comments
Hottest News
Racing Bulls unveil 'bold and vibrant' new livery to dazzle...
Racing Bulls has shared the one-off livery Liam... Read More »
41m ago from RacingNews365.com
Hill: Norris ‘’found something’ against Piastri at...
Damon Hill believes Lando Norris unlocked the... Read More »
1h ago from F1i.com
Max Verstappen handed Las Vegas boost as F1 title hopes...
Max Verstappen is hoping to keep his F1 title... Read More »
2h ago from RacingNews365.com
