News Details
Bottas not too keen on salary cap for drivers
Mercedes' Valtteri Bottas understands the need for Formula 1 to reduce costs at all levels of the sport, but the Finn believes the value of the drivers – the stars of the show – should always be recognized. After two years of gestation and many lengthy discussions between the sport's chiefs, the FIA and the teams, F1 introduced a budget cap for the first time this season. Teams must function within a $145m cost limit that will be reduced to $140m in 2022 and to $135m from 2023 onwards. However, the budget cap excludes all marketing costs, the salaries of the team’s three highest paid personnel as well as the drivers' retainers. But discussions are ongoing for a limit to be applied on...
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