News Details
Verstappen manager calls F1 driver salary cap 'total idiocy'
Raymond Vermeulen, the man who looks after the interests of reigning F1 world champion Max Verstappen, calls the idea of a salary cap in F1 for drivers "total idiocy". Last year, in a bid to reduce the sport's costs, Formula 1 introduced a sliding scale mandatory budget cap under which teams must operate. The threshold started at $145m in 2021 and has fallen to $140m this season, with the cap further reduced to $135m in 2023. However, in addition to such items such as power units and marketing and hospitality costs, drivers' retainers are also excluded from the budget cap. Although contracts are confidential by nature, various reports put Lewis Hamilton at the top of F1's best...
Full Story »
Full Story »
You May Also Be Interested In...
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk
Verstappen's manager slams salary cap idea
May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver...
3y ago from OneStopStrategy.com
Max's manager labels salary cap ‘total idiocy'...
Max Verstappen's manager Raymond Vermeulen says the idea of a salary cap...
3y ago from PlanetF1.com
Verstappen and Red Bull turn against salary cap:...
Since last season there has been a budget ceiling in Formula 1, but there...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha bows to Jack Miller's pressure over 2026 Pramac...
No description available...
38m ago from Motorsport.com
“I never retired” – why Pol Espargaro isn’t...
No description available...
1h ago from Motorsport.com
Maximo Quiles storms to photo finish Hungarian Moto3...
Maximo Quiles produced a remarkable comeback as he edged out Valentin...
8m ago from MotorsportWeek.c...
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
13h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
17h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
14h ago from Motorsport.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides concerning update on the fitness...
Arsenal manager Mikel Arteta has admitted that there are fresh concerns...
58m ago from CaughtOffside.com
Real Madrid set to be rivaled by PL giants for...
Real Madrid will reportedly face competition from Arsenal in their pursuit...
38m ago from SportsKeeda.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
18m ago from CaughtOffside.com
Arsenal 5-0 Leeds: Goals, debuts, presentations, and...
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
Comments
Hottest News
Toto Wolff brands Christian Horner an ‘a**hole' in...
Mercedes boss Toto Wolff has branded his old F1... Read More »
1h ago from MotorsportWeek.com
Formula 1 2025: Three disappointing performers
The 2025 Formula 1 campaign has served fans a... Read More »
1h ago from GrandPrix247.com
Red Bull and Ferrari introduce changes for Dutch GP in...
The F1 summer break is almost over, with the... Read More »
1h ago from RacingNews365.com
