News Details
F1 drivers to be included in salary cap working group
Formula 1's drivers will have a seat at the table when a new working group begins its discussions on a salary cap proposal which the sport aims to introduce in the future. This year's $145 million budget cap excludes, among other items, drivers' retainers as well as the salaries of the three highest paid members of a team's management. Last year, a proposal was tabled to limit drivers' salaries to $30 million. The idea gained traction with team bosses who see the restriction as a useful tool to help lower costs and drive equality in the sport. However, a few significant legal hurdles will likely need to be ironed out before such a provision cap can be implemented. The topic was discussed...
Full Story »
Full Story »
You May Also Be Interested In...
F1 drivers to be included in new working group to...
Get F1 news in your inbox! By signing up to the newsletter you agree to...
3y ago from Crash.net
McLaren Racing CEO Calls For Driver Salary Cap Amid...
McLaren Racing CEO Zak Brown has called on Formula One to agree a driver...
3y ago from Formula1News.co.uk
Working group to investigate F1 driver salary cap
Formula 1 will create a working group, which will include drivers, in...
3y ago from MotorsportWeek.com
Oxford Dictionary Removes ‘Outdated’ Words...
Three words have been removed from the Oxford Advanced Learner’s...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Game of Thrones star Emilia Clarke to reveal new...
No description available...
4h ago from Motorsport.com
MotoGP to reveal new logo in Barcelona after season...
No description available...
3h ago from Motorsport.com
How costly have sprint mistakes been in Bagnaia’s...
No description available...
3h ago from Motorsport.com
MotoGP Barcelona GP: Bagnaia leads Bezzecchi in second...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
1d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
1d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
1d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
6h ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
14h ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
4d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal attacker 'in talks' over new long-term...
Arsenal are reportedly working to secure Belgian attacker Leandro Trossard...
4h ago from SportsMole.co.uk
'I hope so' - 25-year-old star keen to stay at current...
No description available...
3h ago from SportsKeeda.com
Arsenal and Liverpool eye £85m release clause in...
Arsenal and Liverpool are believed to be considering a move for West Ham...
3h ago from CaughtOffside.com
Arsenal, Liverpool 'learn £85m valuation' for...
Arsenal and Liverpool reportedly learn what fee it will take to prise...
3h ago from SportsMole.co.uk
Comments
Hottest News
F1 chief reveals SECRET Ricciardo agreement
The former boss of Daniel Ricciardo has revealed... Read More »
1h ago from GPFans.com
Hamilton and Mercedes ready for SHOCK U-TURN
Lewis Hamilton’s final season at Mercedes... Read More »
2h ago from GPFans.com
Williams presence at Las Vegas GP no longer in doubt
Amidst swirling rumors suggesting a potential... Read More »
3h ago from F1i.com