News Details
Renault's confirms pay cut for top earner Ricciardo
Renault F1 boss Cyril Abiteboul has confirmed that Daniel Ricciardo will lose a slice of his hefty retainer this season as a result of the coronavirus crisis and its impact on F1. Ricciardo's two-year deal with the French outfit initially called for a $55m pay-out, an amount that was disclosed last year following a legal dispute between the Australian driver and his former manager. An abbreviated campaign and the sport's economic downturn amid the COVID-19 pandemic means the 30-year-old will likely see a rebate of at least 20 percent on his basic $27.5m annual salary. Renault follows rivals with staff furlough at Enstone "It’s a discussion we’ve already had," said Abiteboul...
Full Story »
Full Story »
You May Also Be Interested In...
Abiteboul: Ricciardo will take a pay cut
Daniel Ricciardo will take a pay cut to help Renault through the...
5y ago from GrandPrix247.com
Haas becomes fifth F1 team to furlough staff, drivers...
Haas has placed the majority of its UK-based staff on furlough with both...
5y ago from Crash.net
Ricciardo's salary gets cut by Renault in negotiation...
The corona crisis puts a part of the Formula 1 teams under heavy...
5y ago from GPBlog.com
Ricciardo: F1 should consult drivers on 2020 schedule...
Daniel Ricciardo believes Formula 1 and the FIA should sound out drivers...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
12m ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
15h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
23h ago from Motorsport.com
McLaren eyes Fernando Alonso reunion to complete...
Zak Brown has said he will "continue to bug" Fernando Alonso to...
2d ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
2h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
4d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
22m ago from CaughtOffside.com
Manchester United and Arsenal interested in signing...
Manchester United and Arsenal are reportedly interested in former Chelsea...
6h ago from SportsKeeda.com
Man United & Arsenal target is interested in a...
Sandro Tonali’s future is attracting attention ahead of the summer...
7h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
8h ago from CaughtOffside.com
Comments
Hottest News
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
2h ago from GPFans.com
Cowell reportedly set to leave Aston Martin in coming months
Andy Cowell – the respected former Mercedes... Read More »
1h ago from F1i.com
F1 weather forecast for first Bahrain pre-season test
In cooperation with WeerOnline, RacingNews365... Read More »
2h ago from RacingNews365.com
