News Details
Report: Ricciardo takes base salary cut in McLaren deal
Daniel Ricciardo's contract with McLaren will see him take a lower base salary than he received at Renault, per a report from French media. Believed to be guaranteed 20 million a year at the French constructor, from 2021 Ricciardo will take home just 10 million a year, albeit with the opportunity to raise that number as high as 31 million with bonuses. As reported by sportune.fr, Ricciardo will receive an additional 400,000 for each points finish, and 1 million for each victory from the Woking outfit. As to the length of the contract, the Australian is locked-in on a two-year deal, with the option for a one-year extension should he desire. That means Ricciardo's first chance to re-evaluate...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ricciardo agreed hefty pay cut for McLaren move
Daniel Ricciardo will have his salary slashed in half when he moves from...
5y ago from PlanetF1.com
Formula 1 to vote on cap, other rule changes on Friday
Formula 1 is set to vote on a raft of regulation changes on Friday, most...
5y ago from GrandPrix247.com
Abiteboul again pleads for a salary cap: 'We need to...
The first step to reduce the costs of Formula 1 has now been taken with...
5y ago from GPBlog.com
Teams agree new budget cap and cost-cutting deal
Formula 1 teams have agreed to reduce the upcoming budget cap to $145...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
2d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
David Malukas earns Phoenix IndyCar pole as Will Power...
No description available...
16h ago from Motorsport.com
IndyCar veterans praise Mick Schumacher for...
No description available...
14h ago from Motorsport.com
IndyCar's David Malukas eager to convert Phoenix pole...
No description available...
13h ago from Motorsport.com
IndyCar Phoenix – Qualifying Results
IndyCar’s busy Friday continued with a single-car, two-lap qualifying...
16h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
1d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Delighted to see it', 'Locked in' - Arsenal fans...
It’s all smiles and delight for a section of Arsenal fans after Max...
1h ago from SportsKeeda.com
Mansfield Town v Arsenal – live blog
Join us for live blog coverage of our FA Cup 5th round clash away to...
1h ago from Arseblog.com
Mansfield v Arsenal: FA Cup fifth round – live
FA Cup fifth round news from the 12.15pm GMT kick-off<br>⚽ <a...
1h ago from TheGuardian.com
'We could lose him' – Ray Parlour predicts...
Former Arsenal midfielder Ray Parlour has made it clear that Gabriel Jesus...
2h ago from CaughtOffside.com
Comments
Hottest News
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
3h ago from GPFans.com
Leclerc suggests that Mercedes might not have shown their...
Despite an absolutely dominant display from... Read More »
48m ago from F1Technical.net
Lando Norris says George Russell only one saying Australian...
Lando Norris did not have the best of starts to... Read More »
3h ago from GrandPrix247.com
