News Details

Bottas not too keen on salary cap for drivers

Mercedes' Valtteri Bottas understands the need for Formula 1 to reduce costs at all levels of the sport, but the Finn believes the value of the drivers – the stars of the show – should always be recognized. After two years of gestation and many lengthy discussions between the sport's chiefs, the FIA and the teams, F1 introduced a budget cap for the first time this season. Teams must function within a $145m cost limit that will be reduced to $140m in 2022 and to $135m from 2023 onwards. However, the budget cap excludes all marketing costs, the salaries of the team’s three highest paid personnel as well as the drivers' retainers. But discussions are ongoing for a limit to be applied on...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Bottas on salary cap: 'Drivers are the stars, there's...

Valtteri Bottas doesn't seem to be a fan of a possible salary cap for...
4y ago from GPBlog.com

Bottas not yet optimistic about salary cap: 'Depends...

Valtteri Bottas doesn't seem to be a fan of a possible salary cap for...
4y ago from GPBlog.com

Red Bull to cap F1 drivers' salaries: 'Respect...

In 2021 there will be a budget cap for the first time in Formula 1, which...
4y ago from GPBlog.com

Baku organisers keen to host future Sprint Qualifying...

Azerbaijan Grand Prix organisers would be keen to host Sprint Qualifying...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin continues dispute with Aprilia over 2026...

Reigning MotoGP World Champion Jorge Martin has continued his 2026...
16h ago from MotorsportWeek.c...

Marco Bezzecchi: It was ‘almost impossible' to...

Marco Bezzecchi settled for second place after stating that it was...
20h ago from MotorsportWeek.c...

Gresini reveals extent of Alex Marquez's injuries...

Gresini Racing team manager Michele Masini revealed the extent of Alex...

Popular On IndyCarToday.com

RLL having to ‘unwind’ and ‘backtrack’...

Rahal Letterman Lanigan Racing is making a concerted effort to move...

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Ott Tanak ends Hyundai’s victory drought

Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...

Popular On GunnersToday.com

'At every level, he’s proven he can score goals' -...

Former Arsenal winger Perry Groves has told Mikel Arteta that Viktor...
7h ago from SportsKeeda.com

Fabrizio Romano: La Liga star ‘wants to play for...

Create your favourite Arsenal XI with our free Arsenal team builder....
8h ago from FreshArsenal.com

Report: Arsenal in ‘advanced talks' to finally...

Arsenal are closing in on their marquee striker signing of the summer....
10h ago from FreshArsenal.com

Arsenal close to reaching verbal agreement with...

Arsenal are closing in on a verbal agreement to sign in-demand Sporting...
10h ago from SportsKeeda.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.