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
Marini: Ducati is “destroying the championship”...
No description available...
7h ago from Motorsport.com
Jorge Martin vs Francesco Bagnaia: 2024 MotoGP Season...
The 2024 season finale awaits with Jorge Martin and Francesco Bagnaia...
7h ago from MotorsportWeek.c...
Stoner warns Martin: 'I know what Ducati is willing to...
No description available...
2d ago from Motorsport.com
KTM sees Moto3 champion David Alonso as medium-term...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
3d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
6d ago from Motorsport.com
Robert Shwartzman announced for PREMA’s second...
PREMA has announced that Robert Shwartzman will pilot one of the two cars...
6d ago from MotorsportWeek.c...
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
9h ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United join race to sign 22-year-old...
No description available...
2h ago from SportsKeeda.com
Exclusive: Arsenal set for meeting soon, new sporting...
Arsenal will take their time over appointing a successor to Edu as...
2h ago from CaughtOffside.com
Chelsea, Arsenal duo among eight England withdrawals...
Arsenal and Manchester City stars are among eight players to pull out of...
8m ago from SportsMole.co.uk
'Makes me smile' – Arsenal expert responds to...
Arsenal expert Charles Watts has responded to the latest stories about...
4h ago from CaughtOffside.com
Comments
Hottest News
Vettel holds talks with F1 legend over ‘DREAM’ comeback
An F1 legend has revealed they held talks with... Read More »
2h ago from GPFans.com
FIA steward drops Verstappen Las Vegas Grand Prix DNF...
An FIA steward has dropped a bombshell over the... Read More »
28m ago from GPFans.com
F1 team scandal after signing TOO MANY drivers for new...
Formula 1's traditional silly season which tends... Read More »
3h ago from GPFans.com
