News Details

Verstappen: F1 drivers' salary cap completely wrong

Max Verstappen insists the cap being proposed for the salaries of Formula 1 drivers is completely wrong, and might even affect drivers in junior categories. F1 has been working on implementing budget caps for the teams that started in 2021 on $145-Million, reduced by an extra $5-Million in 2022, and will go further down to $135-Million in 2023. That cap though excluded the salaries teams pay to their drivers, with some bagging astronomical figure for the driving services, with Max Verstappen for example earning in the region of 50-Million annually through his current contract with Red Bull that runs up to 2028. The reigning F1 Champion was asked about the matter and he said: 'It's still...
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Verstappen blasts ‘completely wrong' driver...

Max Verstappen will not be supporting a salary cap for F1's drivers,...
2y ago from PlanetF1.com

Alonso hits out at driver salary cap talks

Jun.7 Fernando Alonso has revealed his opposition to the idea of a...
2y ago from OneStopStrategy.com

Verstappen: Driver salary cap 'completely wrong' | 'We...

Reigning world champion Max Verstappen says introducing a salary cap for...
2y ago from SkySports.com

Max's manager labels salary cap ‘total idiocy'...

Max Verstappen's manager Raymond Vermeulen says the idea of a salary cap...
2y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Valencia MotoGP season finale in doubt due to deadly...

Torrential rainfall has caused deadly floods in the southeastern Spanish...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Ganassi finalizes IndyCar lineup, confirms Kyffin...

Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...
10h ago from MotorsportWeek.c...

McLaren Racing set for investment from Abu Dhabi-based...

McLaren Group's automotive sector is set for new investment from an...

Popular On TotalWRC.com

Didier Auriol entering Rally Japan, first WRC start...

1994 World Rally Champion Didier Auriol will run the 2024 season finale in...

Popular On GunnersToday.com

EFL Cup draw: Man United to visit Tottenham as Arsenal...

Manchester United will head on their travels for next month's EFL Cup...
3h ago from SportsMole.co.uk

Where are they now: Arsenal XI against Manchester City...

A look into the XI Arsenal fielded against Manchester City during their...
3h ago from SoccerSouls.com

Carabao Cup quarter-final draw: Liverpool, Man Utd,...

The draw for the quarter-finals of the 2024/25 EFL Cup took place on...
4h 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.