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 »
5y ago from GrandPrix247.com 0
Share

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

Francesco Bagnaia rediscovers his ‘feeling' on...

Francesco Bagania has admitted he's rediscovered his feeling with the...

Popular On IndyCarToday.com

Josef Newgarden views 2026 as a ‘hard reset’ after...

Josef Newgarden is coming off one of his toughest years in IndyCar,...
11h ago from MotorsportWeek.c...

Scott Dixon to be inducted into IMS Hall of Fame

The Indianapolis Motor Speedway Museum has announced today that IndyCar...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Brentford vs Arsenal Prediction and Betting Tips |...

Brentford and Arsenal will battle for three points in a Premier League...
1h ago from SportsKeeda.com

Premier League round-up & predictions

Morning. There was Premier League action last night, and I decided I'd...
2h ago from Arseblog.com

Liverpool eye midfield fix with £100m Arsenal and Man...

Newcastle United midfielder Sandro Tonali has been linked with a move away...
16h ago from CaughtOffside.com

Euro giants line up move for Arsenal star amid...

AC Milan are already planning for a significant overhaul of their...
19h 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.