News Details

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbished suggestions it could force superstar drivers to look elsewhere. Next season Formula 1 will operate under a budget cap of $145 million. That, though, is by no means the teams' only costs. There are several exemptions to the cap, the biggest being drivers' salaries. Mercedes has the biggest salary budget with Lewis Hamilton on $40m per season and Valtteri Bottas earning $8m. Next in line is Ferrari with Sebastian Vettel on $30m while Charles Leclerc earns a third of that. But at a time when Formula 1 is desperately looking at ways to reduce the costs of competing in the sport while also levelling...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Team bosses believe drivers should be included in...

One of the biggest anomalies of the budget cap due to be introduced next...
5y ago from Pitpass.com

No reason not to include driver salaries in budget cap...

Haas team principal Guenther Steiner sees no reason why driver salaries...
5y ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
5y ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
5y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez wins Brno MotoGP Sprint race

Marc Marquez continued his Saturday afternoon dominance with another...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar Toronto – Qualifying Results

A knockout qualifying session for the NTT IndyCar Series took place on...

Colton Herta hauls in IndyCar pole in Toronto

IndyCar completed a busy qualifying session on the streets of Toronto...

Andretti tops Team Penske in IndyCar’s second...

IndyCar took to the streets of Toronto on Saturday morning, turning...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

SuperSwede Solberg in command on Rally Estonia

Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...

Popular On GunnersToday.com

'Protect your ankles, we are enemies now' - Chelsea...

Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
11h ago from SportsKeeda.com

“It’s been good. It’s got to be better!” -...

Arsenal legend Thierry Henry has delivered his verdict on the performance...
11h ago from SportsKeeda.com

£20m asking price set: Chelsea star put up for sale...

Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
15h ago from CaughtOffside.com

Report: Five players Chelsea could use in a deal to...

Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
16h 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.