News Details

Vettel offered new deal with drastic pay cut

Sebastian Vettel has been handed his first new contract offer from Ferrari, but it involves a drastic pay cut, according to reports. The four-time World Champion is now in the final year of the three-year deal which he signed in 2017, a contract worth 100 million. Ferrari have made it clear though that Vettel is their preferred option to retain his seat, racing alongside Charles Leclerc. However, it is the emergence of Leclerc which has hurt Vettel in this situation. Sky Sports Italia  are reporting that Vettel has been offered a new deal by the Scuderia, but only a one-year extension, and it would involve a serious cut to his salary. Vettel had a poor 2019 by his standards –...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Wolff denies reports of receiving Aston Martin offer

Mercedes team principal Toto Wolff has flatly denied reports that he has...
5y ago from F1i.com

Report: Ferrari wants Vettel to take ‘drastic'...

Ferrari has reportedly made its first official contract-extension offer...
5y ago from GrandPrix247.com

'Ferrari offers Vettel new contract but with reduced...

Sources in Italy have reported Ferrari have offered a new, one-year...
5y ago from GPBlog.com

Massa: 'Hamilton could mentally demolish Leclerc at...

Felipe Massa believes that Ferrari should stick to Charles Leclerc and...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...
20h ago from MotorsportWeek.c...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Real Madrid Transfer News Roundup: Liverpool step up...

Real Madrid reached the semifinal of the FIFA Club World Cup this summer,...
2h ago from SportsKeeda.com

Hello from Singapore : Big Vik progress at last

Good morning from Singapore where I believe it is Wednesday. I got here...
4h ago from Arseblog.com

Report: Former Arsenal captain agrees deal to return...

A former Arsenal captain is on the verge of a sensational return to the...
8h ago from FreshArsenal.com

Arsenal star reluctant to sign new deal until 2032...

William Saliba remains a key player at Arsenal despite Real Madrid's...
12h ago from SportsKeeda.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.