News Details
F1's budget cap to see driver salaries soar
It has been predicted that Formula 1 drivers may end up being paid even more than they are currently as a result of Liberty Media enforcing a budget cap on teams. Teams will not be able to spend more than $175million on "performance-related" costs from 2021 and beyond, with F1 chiefs warning that stepping over the mark could cost teams their championship ambitions. Article continues under video However, among the expenditure not covered by the spending limit includes the amount drivers are paid a year. Lewis Hamilton is the best-paid driver on the grid, with his current Mercedes deal reportedly worth £40million ($52m) a year, but Red Bull motorsport advisor expects that...
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
Top Drivers Set to Gain Under 2021 Cap
Elite drivers could see their bank accounts get a boost from 2021...
5y ago from GrandPrix247.com
'I prefer ten teams that are competitive than twelve...
Since Liberty Media took control of Formula 1, there has been a lot of...
5y ago from GPBlog.com
Brawn warns teams on budget cap: 'Serious consequences...
Formula 1 managing director Ross Brawn has warned teams on breaking the...
5y ago from GPBlog.com
Hamilton: The Season is Already Too Long
Lewis Hamilton has led a chorus of voices in blasting F1 and Liberty...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Australian GP: Raul Fernandez scores underdog...
No description available...
7m ago from Motorsport.com
Johann Zarco abandons new Honda MotoGP parts in...
No description available...
17h ago from Motorsport.com
Francesco Bagnaia's puzzle continues as shaking Ducati...
No description available...
20h ago from Motorsport.com
MotoGP Australian GP: Marco Bezzecchi takes dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
3d ago from Motorsport.com
Mick Schumacher is “very open” to exploring an...
No description available...
4d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
4d ago from MotorsportWeek.c...
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Rovanperä holds a comfortable lead on Central...
Kalle Rovanperä emerged from a drama-filled day with a comfortable 36.3...
9h ago from MotorsportWeek.c...
WRC Central Europe: Kalle Rovanpera in control after...
No description available...
11h ago from Motorsport.com
Ogier crashes out of Central European Rally
Kalle Rovanpera snatched the lead of CER in Saturday’s first stage to...
17h ago from MotorsportWeek.c...
Sebastien Ogier crashes out of Central European Rally
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Fulham 0-1 Arsenal: Premier League – as it happened
ther goal from a corner, another three points for the Premier League...
7h ago from TheGuardian.com
Leandro Trossard sinks Fulham to keep Arsenal riding...
s was a mechanical performance from Arsenal but it was enough. Enough to...
7h ago from TheGuardian.com
'Literally has no strengths','Championship level...
Arsenal fans on social media have slammed Viktor Gyokeres for his display...
8h ago from SportsKeeda.com
Trossard strikes as Arsenal beat Fulham to move three...
Arsenal moved three points clear at the top of the Premier League as...
10h ago from SkySports.com
Comments
Hottest News
Start time of the 2025 F1 United States Grand Prix today
Find out when the 19th round of the 2025 F1... Read More »
57m ago from RacingNews365.com
F1 Sprint Results: Title race takes massive swing as...
The 2025 F1 title race took another turn in the... Read More »
11h ago from GPFans.com
F1 Qualifying Results: Max Verstappen piles pressure on...
Oscar Piastri and Lando Norris struggled to... Read More »
7h ago from GPFans.com
