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...
4y 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...
4y 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...
4y ago from MotorsportWeek.com
Oxford Dictionary Removes ‘Outdated’ Words...
Three words have been removed from the Oxford Advanced Learner’s...
4y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Lorenzo lands front row Start for Indianapolis GP
No description available...
2h ago from Motorsport.com
What is Marc Marquez’s most special MotoGP victory?
No description available...
4h ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
2h ago from Motorsport.com
Gresini and Cecchinello: Two decades as grand prix...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
2h ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
22h ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
2d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
F1 celebrates historic milestone with big events and...
No description available...
2h ago from Motorsport.com
Dermot O’Leary to host the 2025 Autosport Awards
No description available...
2h ago from Motorsport.com
Saudi’s first female racer welcomes a new future for...
No description available...
2h ago from Motorsport.com
Autosport Awards announces Qiddiya as presenting...
No description available...
2h ago from Motorsport.com
Popular On GunnersToday.com
'Can't thank him enough' – Viktor Gyokeres makes...
Sporting Lisbon striker Viktor Gyokeres has spoken out about his former...
4h ago from CaughtOffside.com
Liverpool could ruin Arsenal's transfer plans if Luis...
Liverpool’s transfer plans for the summer could hinge heavily on the...
2h ago from CaughtOffside.com
'It has gone quiet' - Fabrizio Romano explains why...
Transfer expert Fabrizio Romano has explained why speculations surrounding...
1h ago from SportsKeeda.com
Arsenal prepare cash-plus-player bid to sign Premier...
Arsenal have reportedly retained their interest in signing Eberechi Eze...
2h ago from SportsKeeda.com
Comments
Hottest News
Two more leading figures leave Red Bull alongside Christian...
Christian Horner is not the only one who has left... Read More »
1h ago from RacingNews365.com
Breaking: Christian Horner leaves Red Bull with immediate...
Christian Horner has led Red Bull since the very... Read More »
6h ago from RacingNews365.com
Christian Horner's Red Bull exit could open the door to...
Red Bull has announced that Christian Horner has... Read More »
4h ago from MotorsportWeek.com