News Details
Report: Ferrari wants Vettel to take ‘drastic' pay-cut
Ferrari has reportedly made its first official contract-extension offer to Sebastian Vettel, albeit one that would represent a significant downgrade for the four-time world champion. Per Sky Sport Italia, the Scuderia are offering Vettel merely a one-year extension to the three-year, 100 million deal he signed in 2017, with a 'drastic' decrease in salary. As the report notes, Vettel's stock at Ferrari took a significant hit in 2019 with the emergence of teammate Charles Leclerc, while the delayed start to the 2020 season has left him with no opportunity to reassert his position as the team's number one driver. Compounding matters, Ferrari already has a list of drivers it considers viable...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Todt vs GP247: Lawyers request extension but go...
The inexplicable Jean Todt versus GrandPrix247 saga has taken a bizarre...
4y ago from GrandPrix247.com
Cancelling five races means losing ‘$100 million'
Helmut Marko has backed F1's decision to defer the 2021 rules for a year,...
4y ago from PlanetF1.com
Massa: I wouldn't replace Vettel with Hamilton
Ferrari would be making a mistake in partnering Lewis Hamilton with...
4y ago from GrandPrix247.com
Marko says lost races 'could cost teams 100 million'
Red Bull motorsports consultant Dr Helmut Marko says that the financial...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Dovizioso to join Yamaha for Sepang shakedown test
No description available...
6h ago from Motorsport.com
What’s changed at Rossi’s VR46 team after new...
No description available...
12h ago from Motorsport.com
Pramac and Alpine form partnership for 2025 MotoGP...
Pramac Racing has officially announced the formation of a new partnership...
10h ago from MotorsportWeek.c...
Monster gains presence on Ducati's bike, but fails to...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown: IndyCar "should slipstream on the back...
No description available...
4h ago from Motorsport.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
1w ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
6d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
2d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
3d ago from Motorsport.com
Rovanpera: Difficult WRC Monte Carlo opener “not a...
No description available...
2d ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Nwaneri’s screamer seals turnaround at Girona as...
;/p>What was it Mikel Arteta had said? “We’ve got some player...
20m ago from TheGuardian.com
'Before the weekend' – Ben Jacobs shares...
Aston Villa’s January transfer window has taken a dramatic turn, with...
1h ago from CaughtOffside.com
‘Agreement reached with Aston Villa' –...
Aston Villa striker Jhon Duran is set to join Al-Nassr after an agreement...
2h ago from CaughtOffside.com
Tottenham transfer news: Spurs join 'three Premier...
Tottenham Hotspur reportedly join three Premier League rivals in the race...
2h ago from SportsMole.co.uk
Comments
Hottest News
Hamilton health update issued following Ferrari crash
A health update has been issued regarding Lewis... Read More »
4h ago from GPFans.com
Newey reveals Red Bull EXIT update as Horner difficulties...
Adrian Newey has provided an update on his Red... Read More »
3h ago from GPFans.com
Hamilton suffers crash during latest Ferrari F1 test -...
Lewis Hamilton is present in Barcelona this week... Read More »
9h ago from RacingNews365.com