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
Johann Zarco reveals when he ‘began to believe'...
Johann Zarco reveals he “began to believe” he could win his home...
13h ago from MotorsportWeek.c...
Toprak Razgatlioglu secures Most WorldSBK Race 1...
Toprak Razgatlioglu was a cut above the rest by securing victory in Race...
13h ago from MotorsportWeek.c...
Raul Fernandez: “I don’t race for money – I race...
No description available...
1d ago from Motorsport.com
Jorge Martin pushing for early Aprilia exit;...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Marco Andretti kicked to LCQ, Alex Palou fastest in...
No description available...
3h ago from Motorsport.com
Middle portion of Indy 500 grid set in tense first day...
Saturday’s marathon Indianapolis 500 qualifying session took place...
4h ago from MotorsportWeek.c...
Conor Daly on stressful Indy 500 qualifying: “I...
Conor Daly very nearly transferred into the Top 12 during the first day...
3h ago from MotorsportWeek.c...
Colton Herta walks away from huge airborne Indy 500...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier leads in Portugal as Ott Tanak suffers...
Sébastien Ogier was a surprise overnight leader at Vodafone Rally de...
6h ago from MotorsportWeek.c...
Rally Portugal: Sebastien Ogier leads WRC field as Ott...
No description available...
6h ago from Motorsport.com
”It is not ideal” - WRC drivers speak out after...
No description available...
17h ago from Motorsport.com
Ott Tänak tops Rally Portugal after fierce Friday...
Ott Tänak claimed his 400th career stage win on the final stage of Rally...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Viktor Gyokeres comments on future, with Manchester...
Sporting Lisbon striker Viktor Gyokeres addresses his future amid...
2h ago from SportsMole.co.uk
Asking price set: Liverpool expected to enter into...
Wolverhampton Wanderers defender Rayan Ait-Nouri has been linked with a...
7h ago from CaughtOffside.com
Report: Arsenal looking to fix key weakness by signing...
Arsenal are interested in signing the Brazilian striker Igor Jesus from...
9h ago from CaughtOffside.com
Arsenal, Man United 'pass up' on £25m transfer...
Juventus reportedly pull out of contract talks with one of their key...
8h ago from SportsMole.co.uk
Comments
Hottest News
Verstappen is afraid of McLaren's tyre management in race...
Despite having put in another remarkable effort... Read More »
1h ago from F1Technical.net
'Devastated' Lewis Hamilton makes alarming Max Verstappen...
Lewis Hamilton suffered a second consecutive Q2... Read More »
9h ago from RacingNews365.com
Adjusted Imola starting grid after penalties for 2025 F1...
Check out the full starting grid for the 2025 F1... Read More »
6h ago from RacingNews365.com