News Details

Vettel offered new deal with drastic pay cut

Sebastian Vettel has been handed his first new contract offer from Ferrari, but it involves a drastic pay cut, according to reports. The four-time World Champion is now in the final year of the three-year deal which he signed in 2017, a contract worth 100 million. Ferrari have made it clear though that Vettel is their preferred option to retain his seat, racing alongside Charles Leclerc. However, it is the emergence of Leclerc which has hurt Vettel in this situation. Sky Sports Italia  are reporting that Vettel has been offered a new deal by the Scuderia, but only a one-year extension, and it would involve a serious cut to his salary. Vettel had a poor 2019 by his standards –...
Full Story »
6y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Wolff denies reports of receiving Aston Martin offer

Mercedes team principal Toto Wolff has flatly denied reports that he has...
6y ago from F1i.com

Report: Ferrari wants Vettel to take ‘drastic'...

Ferrari has reportedly made its first official contract-extension offer...
6y ago from GrandPrix247.com

'Ferrari offers Vettel new contract but with reduced...

Sources in Italy have reported Ferrari have offered a new, one-year...
6y ago from GPBlog.com

Massa: 'Hamilton could mentally demolish Leclerc at...

Felipe Massa believes that Ferrari should stick to Charles Leclerc and...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Man United lead Arsenal in the race for 50m-rated...

Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
1h ago from CaughtOffside.com

Arteta: If you lose a match, they destroy you - you...

Mikel Arteta has urged his Arsenal players to "love" the noise...
2h ago from SkySports.com

“Ethan has to respond” - Arsenal boss Arteta makes...

Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
1h ago from SportsKeeda.com

Arsenal and Liverpool ready to pounce on 24-year-old...

Arsenal and Liverpool are interested in signing Daniel Svensson from...
3h ago from CaughtOffside.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.