News Details

Red Bull to cap F1 drivers' salaries: 'Respect existing contracts'

In 2021 there will be a budget cap for the first time in Formula 1, which teams will have to take into account. The salary of the drivers is not part of this cap, but that is what F1 wants. Red Bull and McLaren have their own ideas about a solution. Salary cap for F1 drivers The budget cap of 147,5 million dollar limits the teams (especially the big ones) in how much they can develop. However, the big teams still have an advantage, because the salary of the drivers and the top of the staff does not fall under this cap. So big teams can spend their budget cap entirely on the car, and also pay their drivers a top salary. ''In principle we are in favour, but we have to respect existing...
Full Story »
4y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Marko: Mercedes offered to double salary of Red Bull...

Red Bull advisor Helmut Marko has said that Mercedes offered to double...
4y ago from GrandPrix247.com

Mercedes offering staff double pay to avoid exodus –...

Helmut Marko says Mercedes is offering to "double the salary"...
4y ago from F1i.com

Marko: Mercedes offering double pay if people stay

Mercedes are offering 'double the salary' to persuade their engine staff...
4y ago from PlanetF1.com

Perez leaves Verstappen ‘on his own again'

May 10 Max Verstappen is 'on his own again' within the Red Bull garage,...
4y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

Two key stars out for Arsenal, as Arteta confirms...

Arsenal will be up against Sporting CP in the UEFA Champions League...
7h ago from CaughtOffside.com

‘Use that fuel’: Mikel Arteta and David Raya urge...

t;li>Team will not panic in wake of City and Southampton defeatsRaya...
6h ago from TheGuardian.com

The FA Cup still has an important place. This weekend...

m exposed anxieties to unexpected heroes, this weekend’s cup contests...
7h ago from TheGuardian.com

Saints stun Arsenal and what now for Slot after...

;a href="https://bsky.app/profile/maxrushden.bsky.social">Max...
7h ago from TheGuardian.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.