News Details
Verstappen's manager calls F1 driver salary cap 'total idiocy'
Raymond Vermeulen, the man who looks after the interests of reigning F1 world champion Max Verstappen, calls the idea of a salary cap in F1 for drivers "total idiocy". Last year, in a bid to reduce the sport's costs, Formula 1 introduced a sliding scale mandatory budget cap under which teams must operate. The threshold started at $145m in 2021 and has fallen to $140m this season, with the cap further reduced to $135m in 2023. However, in addition to such items such as power units and marketing and hospitality costs, drivers' retainers are also excluded from the budget cap. Although contracts are confidential by nature, various reports put Lewis Hamilton at the top of F1's best...
Full Story »
Full Story »
You May Also Be Interested In...
Verstappen manager calls F1 driver salary cap 'total...
Raymond Vermeulen, the man who looks after the interests of reigning F1...
3y ago from F1i.com
Max's manager labels salary cap ‘total idiocy'...
Max Verstappen's manager Raymond Vermeulen says the idea of a salary cap...
3y ago from PlanetF1.com
Verstappen's manager slams salary cap idea
May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver...
3y ago from OneStopStrategy.com
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
18h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
20h ago from MotorsportWeek.c...
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
14h ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
11h ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
2d ago from Motorsport.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
5d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I’ve been saying the last two years' - Pundit...
Former Premier League player turned pundit Danny Simpson believes...
1h ago from SportsKeeda.com
'He needs to liven up' - Rio Ferdinand offers advice...
Manchester United legend Rio Ferdinand has advised Altay Bayindir to liven...
3h ago from SportsKeeda.com
Kiwior linked with Porto, Berta's loan + obligation...
Morning. I know there's probably a cut-off point when it comes to Eberechi...
3h ago from Arseblog.com
Concrete negotiations: Arsenal involved in talks to...
According to journalist Florian Plettenberg, Arsenal have stepped up their...
4h ago from CaughtOffside.com
Comments
Hottest News
‘Smarter' Piastri has mental edge over Norris –...
Aug.27 As Formula 1 returns from its summer... Read More »
1h ago from OneStopStrategy.com
F1 News Today: Russell reaches desperation as star driver...
Mercedes F1 driver George Russell is still... Read More »
4h ago from GPFans.com
Why Cadillac opted against signing American driver for F1...
F1's 11th team on the grid, Cadillac, has... Read More »
1h ago from MotorsportWeek.com
