News Details

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbished suggestions it could force superstar drivers to look elsewhere. Next season Formula 1 will operate under a budget cap of $145 million. That, though, is by no means the teams' only costs. There are several exemptions to the cap, the biggest being drivers' salaries. Mercedes has the biggest salary budget with Lewis Hamilton on $40m per season and Valtteri Bottas earning $8m. Next in line is Ferrari with Sebastian Vettel on $30m while Charles Leclerc earns a third of that. But at a time when Formula 1 is desperately looking at ways to reduce the costs of competing in the sport while also levelling...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Team bosses believe drivers should be included in...

One of the biggest anomalies of the budget cap due to be introduced next...
5y ago from Pitpass.com

No reason not to include driver salaries in budget cap...

Haas team principal Guenther Steiner sees no reason why driver salaries...
5y ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
5y ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
5y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Jack Miller stays with Pramac Yamaha for 2026 MotoGP...

Pramac Yamaha has confirmed that Jack Miller will remain with the team...
37m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Colton Herta leaves IndyCar to pursue F1 with Cadillac...

The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
18h ago from MotorsportWeek.c...

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Arsenal expected to make 'official move' for...

Luiz Benedetti, the young centre-back from Palmeiras, has caught the...
4h ago from CaughtOffside.com

Champions League squad named: Dowman in, no place for...

Morning. It's Thursday and we're right into the Interlull now. If you want...
4h ago from Arseblog.com

“It just didn’t make any sense” - Craig Burley...

Former Chelsea midfielder Craig Burley has criticised Arsenal for not...
23h ago from SportsKeeda.com

“It’s easy to criticise if you’re not on the...

Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
1d ago from SportsKeeda.com

Comments

Hottest News

Max Verstappen Ferrari talks confirmed

It has been revealed that Max Verstappen’s team... Read More »
3h ago from GPFans.com

Massa prepares for key ‘crashgate' hearings

Sep.4 Felipe Massa has revealed new details... Read More »

What must Colton Herta achieve in F2 to get FIA super...

Colton Herta is leaving IndyCar for F2 in pursuit... Read More »
57m ago from RacingNews365.com

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.