News Details

Do Formula Drivers earn too much?

Formula 1 is lot about money because it is largely dependent on sponsors. The drivers are generally the employees who earn the most from each team. This is not going to change with the budget ceiling in the future because salaries are not included in the 175 million that each team can (start to) spend per year. Will this have to change in the future? What do the current drivers earn? First of all, there should be a picture of what the current group of drivers in Formula 1 are racing together. Viewing this data is difficult because it is recorded in an archive of the FIA in Geneva. The so-called Contract Recognition Board. Only six lawyers have access to this data should any contractual...
Full Story »
4y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Season 2021 in Formula 1 will be a copy of 2020:...

Franz Tost tries to look for bright spots now that the whole world and...
4y ago from GPBlog.com

Tost looks for bright spots: 'Development of 2022 cars...

Franz Tost tries to look for bright spots now that the whole world and...
4y ago from GPBlog.com

Racing Point sees £10 million of potential savings...

Racing Point team boss Otmar Szafnauer believes teams could save up to...
4y ago from F1i.com

MotoGP drivers will also be racing digitally

Digital racing is on the rise, partly because many are at home because of...
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.