News Details
Red Bull to cap F1 drivers' salaries: 'Respect existing contracts'
In 2021 there will be a budget cap for the first time in Formula 1, which teams will have to take into account. The salary of the drivers is not part of this cap, but that is what F1 wants. Red Bull and McLaren have their own ideas about a solution. Salary cap for F1 drivers The budget cap of 147,5 million dollar limits the teams (especially the big ones) in how much they can develop. However, the big teams still have an advantage, because the salary of the drivers and the top of the staff does not fall under this cap. So big teams can spend their budget cap entirely on the car, and also pay their drivers a top salary. ''In principle we are in favour, but we have to respect existing...
Full Story »
Full Story »
3y ago from GPBlog.com
0
You May Also Be Interested In...
Marko: Mercedes offered to double salary of Red Bull...
Red Bull advisor Helmut Marko has said that Mercedes offered to double...
3y ago from GrandPrix247.com
Mercedes offering staff double pay to avoid exodus –...
Helmut Marko says Mercedes is offering to "double the salary"...
3y ago from F1i.com
Marko: Mercedes offering double pay if people stay
Mercedes are offering 'double the salary' to persuade their engine staff...
3y ago from PlanetF1.com
Perez leaves Verstappen ‘on his own again'
May 10 Max Verstappen is 'on his own again' within the Red Bull garage,...
3y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Vinales wanted Aprilia to continue with 2023 bike in...
No description available...
3d ago from Motorsport.com
Marc Marquez confirms surprise split from Red Bull...
Six-time MotoGP champion Marc Marquez has confirmed that he and Red Bull...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How Foster proved a point and fulfilled a lifelong...
No description available...
1d ago from Motorsport.com
The spotlight now on IndyCar, Indy NXT as both series...
No description available...
3d ago from Motorsport.com
Sophia Floersch signs with HMD Motorsports for 2025...
No description available...
1w ago from Motorsport.com
Fading financial support pushes rising star...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
More events like Monza Rally Show would be “nice”...
No description available...
2d ago from Motorsport.com
How Alpine is helping Loeb's bid for Dakar history...
No description available...
4d ago from Motorsport.com
Rovanpera to make endurance race debut at Dubai 24...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal battling Premier League rivals for superstar...
Although Arsenal are by no means out of this season's title race, they're...
54m ago from CaughtOffside.com
'Arsenal's dream priority is' – Journalist names...
Arsenal wanted to sign a new striker in the summer transfer window but...
1h ago from CaughtOffside.com
Man United slayer could move to Arsenal on one...
After thrilling the home crowd with a goal against Man United straight...
34m ago from CaughtOffside.com
Friday's Premier League predictions including Arsenal...
Sports Mole provides score predictions and previews for all of today's...
2h ago from SportsMole.co.uk
Comments
Hottest News
Lawson helped Verstappen out once before: 'Then I lent him...
Liam Lawson and Max Verstappen will soon work... Read More »
43m ago from GPBlog.com
Team bosses do not fear from a 'head start' for General...
Following the announcement of the expansion of... Read More »
44m ago from F1Technical.net
Mercedes set to KEEP Hamilton change
Mercedes are set to keep a key change driven by... Read More »
2h ago from GPFans.com
