News Details

Verstappen's manager slams salary cap idea

May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver salary cap in Formula 1. As a debate rages in the paddock about whether rampant inflation should bump up the $140 million per-team budget cap in 2022, it emerges that also under discussion is a separate limit on how much drivers can be paid. Ferrari boss Mattia Binotto confirmed the talks. 'These discussions will take time,' he said at Monaco, 'as you have to deal with the existing contracts.' According to the Dutch newspaper De Telegraaf, the salary cap idea is also already opposed by Red Bull and even Liberty Media. 'Total idiocy,' said Verstappen's manager Raymond Vermeulen when asked about the salary cap proposal....
Full Story »
Share

You May Also Be Interested In...

‘Many teams' will break budget cap –...

May 29 Ferrari has joined Red Bull in pushing for an emergency increase...
3y ago from OneStopStrategy.com

F1 row threatens existence of budget cap –...

May 24 Smaller teams are continuing to resist efforts to ramp up the...
3y ago from OneStopStrategy.com

‘It's impossible': McLaren team principal sends...

Global rising costs are having a dramatic effect on Formula 1, with teams...
3y ago from Formula1News.co.uk

Red Bull's budget cap problem ‘great' –...

May 28 Some teams are refusing to budge as Red Bull leads a vocal...
3y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Motorsport Week's Top 10 MotoGP riders of 2025

The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 2-1 Brighton: Gunners go back on top after...

Match report – Player ratings – Arteta reaction – Video...
24m ago from Arseblog.com

'It feels like a basketball match kind of energy' -...

Former Arsenal striker Ian Wright noted the Gunners' struggles up front in...
2h ago from SportsKeeda.com

'Unbelievable' – Arsenal star earns special...

Arsenal goalkeeper David Raya has earned big praise for a world class save...
15h ago from CaughtOffside.com

Arsenal player ratings: Declan Rice shines despite new...

Arsenal returned to the top of the Premier League table with a 2-1 win at...
13h 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.