News Details
Red Bull to cap F1 drivers' salaries: 'Respect existing contracts'
In 2021 there will be a budget cap for the first time in Formula 1, which teams will have to take into account. The salary of the drivers is not part of this cap, but that is what F1 wants. Red Bull and McLaren have their own ideas about a solution. Salary cap for F1 drivers The budget cap of 147,5 million dollar limits the teams (especially the big ones) in how much they can develop. However, the big teams still have an advantage, because the salary of the drivers and the top of the staff does not fall under this cap. So big teams can spend their budget cap entirely on the car, and also pay their drivers a top salary. ''In principle we are in favour, but we have to respect existing...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Marko: Mercedes offered to double salary of Red Bull...
Red Bull advisor Helmut Marko has said that Mercedes offered to double...
4y ago from GrandPrix247.com
Mercedes offering staff double pay to avoid exodus –...
Helmut Marko says Mercedes is offering to "double the salary"...
4y ago from F1i.com
Marko: Mercedes offering double pay if people stay
Mercedes are offering 'double the salary' to persuade their engine staff...
4y ago from PlanetF1.com
Perez leaves Verstappen ‘on his own again'
May 10 Max Verstappen is 'on his own again' within the Red Bull garage,...
4y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir: Honda expectations increase after podium at...
No description available...
4h ago from Motorsport.com
Fabio Quartararo '99% sure' Yamaha will go all-in on...
No description available...
7h ago from Motorsport.com
Toprak Razgatlioglu backs Nicolo Bulega ahead of...
Former WorldSBK champion Toprak Razgatlioglu has shown his full support...
11h ago from MotorsportWeek.c...
Marc Marquez’s shoulder injury “serious” as...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
4h ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
5h ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
3d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak tight-lipped on WRC future as speculation...
No description available...
12h ago from Motorsport.com
WRC Rally Japan: Kalle Rovanpera grabs early lead,...
No description available...
11h ago from Motorsport.com
Hyundai signings bolster WEC and WRC resources
No description available...
2d ago from Motorsport.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal set asking price for their most...
Real Madrid will have to break the bank and fork out 150 million to sign...
7h ago from CaughtOffside.com
Mikel Merino: Through the Looking Glass
I started writing this column in February 2011, the week before Arsenal...
10h ago from Arseblog.com
Hincapie: Defensive 'beast' who 'broke the GPS'...
Independiente del Valle's coaching staff initially found the numbers hard...
10h ago from SkySports.com
“You’ve got to look at them being the...
Former Manchester City star Joleon Lescott snubbed Arsenal while naming...
10h ago from SportsKeeda.com
Comments
Hottest News
Hamilton questions 'secrecy' of F1 stewards' decisions...
Lewis Hamilton has questioned the stewards'... Read More »
54m ago from SkySports.com
‘Comfortable standing up for myself’ – Piastri...
Oscar Piastri says he and Lando Norris are able... Read More »
54m ago from SkySports.com
Max Verstappen braced for latest McLaren storm as FIA sound...
Join RacingNews365’s Ian Parkes and Nick... Read More »
1h ago from RacingNews365.com
