News Details
Report: Ricciardo takes base salary cut in McLaren deal
Daniel Ricciardo's contract with McLaren will see him take a lower base salary than he received at Renault, per a report from French media. Believed to be guaranteed 20 million a year at the French constructor, from 2021 Ricciardo will take home just 10 million a year, albeit with the opportunity to raise that number as high as 31 million with bonuses. As reported by sportune.fr, Ricciardo will receive an additional 400,000 for each points finish, and 1 million for each victory from the Woking outfit. As to the length of the contract, the Australian is locked-in on a two-year deal, with the option for a one-year extension should he desire. That means Ricciardo's first chance to re-evaluate...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ricciardo agreed hefty pay cut for McLaren move
Daniel Ricciardo will have his salary slashed in half when he moves from...
4y ago from PlanetF1.com
Formula 1 to vote on cap, other rule changes on Friday
Formula 1 is set to vote on a raft of regulation changes on Friday, most...
4y ago from GrandPrix247.com
Abiteboul again pleads for a salary cap: 'We need to...
The first step to reduce the costs of Formula 1 has now been taken with...
4y ago from GPBlog.com
Teams agree new budget cap and cost-cutting deal
Formula 1 teams have agreed to reduce the upcoming budget cap to $145...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
The long-standing records Marquez and Bagnaia can...
No description available...
21h ago from Motorsport.com
Jorge Martin's opening ‘four' MotoGP races with...
Aprilia targets Jorge Martin's opening four MotoGP races with the team...
1d ago from MotorsportWeek.c...
Pierer Industrie AG avoids insolvency, decision on KTM...
No description available...
2d ago from Motorsport.com
Creditors approve Pierer Industrie AG restructuring...
It has been revealed that creditors have approved Pierer Industrie AG's...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
4d ago from MotorsportWeek.c...
IndyCar tire allocations, practice rules updated for...
IndyCar has announced multiple updates to rules regarding use of the...
3d ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
5d ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
6d ago from MotorsportWeek.c...
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
1w ago from MotorsportWeek.c...
WRC women's driver development programme winner...
No description available...
6d ago from Motorsport.com
Fourmaux fined for swearing on WRC TV broadcast
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Even if Liverpool got beat 7-0 tomorrow' - Paul...
No description available...
48m ago from SportsKeeda.com
'He looked like a fish up a tree' - Pundit slams Mikel...
No description available...
1h ago from SportsKeeda.com
Arsenal 0-1 West Ham: It goes beyond injuries
Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com
Arsenal's Myles Lewis-Skelly breaks unwanted Premier...
Arsenal's Myles Lewis-Skelly sets an unwanted Premier League record with...
10h ago from SportsMole.co.uk
Comments
Hottest News
2025 F1 pre-season testing Bahrain schedule & start...
This week, from Wednesday, February 26th to... Read More »
1h ago from RacingNews365.com
Aston Martin In-Depth: AMR25 the winning car Lawrence...
Aston Martin Aramco Formula 1 Team revealed its... Read More »
2h ago from GrandPrix247.com
Brown: I’m anticipating Hamilton being a championship...
McLaren CEO Zak Brown listed the rivals his team... Read More »
1h ago from GrandPrix247.com
