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 »
Full Story »
4y ago from GPBlog.com
0
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
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
The winners and losers from MotoGP's Italian Grand Prix
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
22h ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2d 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...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal will sign him because he wants to join them'...
Sky Sport journalist Gianluca DiMarzio reckons Arsenal will snap up...
37m ago from SportsKeeda.com
Arsenal agree fee for Brentford captain Norgaard
Arsenal have agreed a fee of £10m plus add-ons to sign Brentford...
37m ago from SkySports.com
The next Haaland? What Sesko would bring to Arsenal
Arsenal are considering a move for Benjamin Sesko this summer but what...
3h ago from SkySports.com
Africa Cup of Nations: Which PL games could Salah,...
Next season's Premier League fixtures are now out - find out which games...
3h ago from SkySports.com
Comments
Hottest News
Photos: Brad Pitt drives McLaren F1 car at COTA
Amid the global release of F1 The Movie,... Read More »
57m ago from GrandPrix247.com
Sergio Perez confirms long-standing rumour over Max...
Sergio Perez spent four years at Red Bull... Read More »
2h ago from RacingNews365.com
The uncomfortable truth about the F1 movie
The F1 Movie is finally out! Hurrah! However,... Read More »
2h ago from GPFans.com
