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 »
4y 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...
4y 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...
4y ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
4y ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
4y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Márquez wins battle of brothers to delight...

t;li>Alex Márquez and Fabio Di Giannantonio also on podiumSpaniard...
17h ago from TheGuardian.com

Popular On IndyCarToday.com

Ferrucci survives early race ‘mayhem’ to earn...

Santino Ferrucci finished third in Sunday’s race from Road America,...

IndyCar Road America – Race Results

Road America was the scene of this weekend’s IndyCar event, and high...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Rallies around the world: The ones not to miss – and...

Rallying is unlike any other motorsport. It doesn’t unfold on pristine...

Popular On GunnersToday.com

The summer of chaff

Morning all. After a couple of weeks of travelling it's time to get my...
1h ago from Arseblog.com

Arsenal receive boost in Rodrygo chase as sources...

Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
10h ago from FreshArsenal.com

Arsenal end talks to sign £70 million-rated star...

Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
10h ago from SportsKeeda.com

Bayern Munich set sights on ‘incredible' Arsenal...

Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
14h ago from CaughtOffside.com

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.