News Details
F1 drivers to be included in salary cap working group
Formula 1's drivers will have a seat at the table when a new working group begins its discussions on a salary cap proposal which the sport aims to introduce in the future. This year's $145 million budget cap excludes, among other items, drivers' retainers as well as the salaries of the three highest paid members of a team's management. Last year, a proposal was tabled to limit drivers' salaries to $30 million. The idea gained traction with team bosses who see the restriction as a useful tool to help lower costs and drive equality in the sport. However, a few significant legal hurdles will likely need to be ironed out before such a provision cap can be implemented. The topic was discussed...
Full Story »
Full Story »
You May Also Be Interested In...
F1 drivers to be included in new working group to...
Get F1 news in your inbox! By signing up to the newsletter you agree to...
3y ago from Crash.net
McLaren Racing CEO Calls For Driver Salary Cap Amid...
McLaren Racing CEO Zak Brown has called on Formula One to agree a driver...
3y ago from Formula1News.co.uk
Working group to investigate F1 driver salary cap
Formula 1 will create a working group, which will include drivers, in...
3y ago from MotorsportWeek.com
Oxford Dictionary Removes ‘Outdated’ Words...
Three words have been removed from the Oxford Advanced Learner’s...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia breaks Misano lap record to top...
Ducati’s Francesco Bagnaia set a new lap record on his first-time...
17h ago from MotorsportWeek.c...
Morbidelli lost memory for two weeks after pre-season...
No description available...
14h ago from Motorsport.com
Why Marquez thinks double Misano win will be a long...
No description available...
15h ago from Motorsport.com
Emilia Romagna MotoGP: Marquez leads Martin in...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
14h ago from MotorsportWeek.c...
Meyer Shank Racing sign Marcus Armstrong for 2025...
Meyer Shank Racing has signed Marcus Armstrong to partner Felix...
15h ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
1d ago from Motorsport.com
2022 F2 champ Drugovich testing with Ganassi later...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
16h ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
2d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
4d ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Incredible twist in the Ivan Toney story as secret...
Once it appeared to be clear that former Brentford hit-man, Ivan Toney,...
2h ago from CaughtOffside.com
'Absolute disgrace' – Mark Goldbridge defends...
Manchester United fan and pundit Mark Goldbridge has slammed UEFA for...
1h ago from CaughtOffside.com
Man City vs. Arsenal predictions: Who will win early...
Ahead of Sunday's showdown between predicted title rivals Manchester City...
1h ago from SportsMole.co.uk
Real Madrid Transfer News Roundup: Los Blancos leading...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Marko responds to rumours over Ricciardo's F1 exit
During the Singapore Grand Prix weekend,... Read More »
30m ago from RacingNews365.com
Newey not involved with Red Bull RB20 since April
It has emerged in the Formula 1 paddock that... Read More »
50m ago from GrandPrix247.com
Former F1 driver questions 'extraordinary' Verstappen...
Ex-Benetton, McLaren and Williams F1 driver... Read More »
1h ago from RacingNews365.com
