News Details
Marko: "Limitation of driver's salaries is crucial"
From 2021 we will see budget limits in the teams. The salaries of the drivers are not included. However, due to the corona crisis, many teams have run into financial problems, which may mean that the sky-high salaries of top drivers can no longer be met. Money doesn't necessarily have to come from teams. According to Red Bull Racing advisor Helmut Marko, the large teams often know how to find a way to meet the requirements of certain drivers. For example, he thinks that large sponsors might be able to help pay. "If Mercedes doesn't pay that salary, someone else will", says Marko to Auto, Motor und Sport when asked if Lewis Hamilton can still receive 40 million euros a year....
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
No more financial problems for McLaren: "Taking...
Recently there were reports that McLaren was in financial difficulties....
4y ago from GPBlog.com
McLaren's financial problems 'solved' - Brown
Jun.29 McLaren's financial problems "have been solved". That...
4y ago from OneStopStrategy.com
McLaren's financial problems ‘have been solved'
Great news from McLaren with Zak Brown saying their financial problems...
4y ago from PlanetF1.com
Hakkinen: 2020 champion will deserve 'high, high...
Former F1 world champion Mika Hakkinen has dismissed suggestions that...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac Yamaha team to make Moto2 debut in 2025
Pramac Yamaha have officially announced its partnership will extend into...
50m ago from MotorsportWeek.c...
Marquez completes first laps on factory Ducati in...
No description available...
4h ago from Motorsport.com
Ducati trials two-way radio communication in Barcelona...
No description available...
2h ago from Motorsport.com
The eight DNFs that denied Bagnaia the 2024 MotoGP...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
4d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
5d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
5d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
4h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool & Arsenal on alert for Premier League...
Liverpool and Arsenal are reportedly keeping a close eye on Mohammed...
2h ago from CaughtOffside.com
Ex-Arsenal star Nicolas Pepe makes obscene gesture as...
No description available...
3h ago from SportsKeeda.com
Arsenal transfer news: Gunners handed boost in pursuit...
Arsenal are reportedly ahead of Barcelona in the race for Athletic Bilbao...
1h ago from SportsMole.co.uk
'He likes to play games with the opposition' -...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Schumacher responds to Perez's father's comments: 'Not how...
Recently, Sergio Perez's father, Antonio Perez... Read More »
40m ago from GPBlog.com
De Vries handed McLaren F1 test
Nyck de Vries was a Formula 1 driver again for a... Read More »
1h ago from RacingNews365.com
Max Verstappen reveals how Williams could have avoided...
Max Verstappen has indicated Williams could have... Read More »
2h ago from MotorsportWeek.com
