News Details

Vettel offered new deal with drastic pay cut

Sebastian Vettel has been handed his first new contract offer from Ferrari, but it involves a drastic pay cut, according to reports. The four-time World Champion is now in the final year of the three-year deal which he signed in 2017, a contract worth 100 million. Ferrari have made it clear though that Vettel is their preferred option to retain his seat, racing alongside Charles Leclerc. However, it is the emergence of Leclerc which has hurt Vettel in this situation. Sky Sports Italia  are reporting that Vettel has been offered a new deal by the Scuderia, but only a one-year extension, and it would involve a serious cut to his salary. Vettel had a poor 2019 by his standards –...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Wolff denies reports of receiving Aston Martin offer

Mercedes team principal Toto Wolff has flatly denied reports that he has...
4y ago from F1i.com

Report: Ferrari wants Vettel to take ‘drastic'...

Ferrari has reportedly made its first official contract-extension offer...
4y ago from GrandPrix247.com

'Ferrari offers Vettel new contract but with reduced...

Sources in Italy have reported Ferrari have offered a new, one-year...
4y ago from GPBlog.com

Massa: 'Hamilton could mentally demolish Leclerc at...

Felipe Massa believes that Ferrari should stick to Charles Leclerc and...
4y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin vs Francesco Bagnaia: MotoGP title...

The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...

Popular On IndyCarToday.com

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Popular On TotalWRC.com

Popular On GunnersToday.com

Liverpool, Arne Slot Premier League favourites: Title...

Sports Mole examines the Premier League title race after Liverpool took a...
1h ago from SportsMole.co.uk

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.