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

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Roberto de Zerbi namedrops Arsenal duo and 2 other...

Marseille manager Roberto de Zerbi has named Arsenal duo Martin Odegaard...
9h ago from SportsKeeda.com

PL Predictions: Big upset brewing? Why Wolves can beat...

Our football betting expert Jones Knows provides his insight across the...
8h ago from SkySports.com

Report: Mikel Arteta sets sights on signing mercurial...

Arsenal are interested in signing the Brazilian defender Iago Machado. The...
12h ago from CaughtOffside.com

Talks held: Latest on Arsenal & Barcelona...

Arsenal and Barcelona could reportedly be set for a major transfer battle...
17h ago from CaughtOffside.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.