News Details
Verstappen's 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 manager calls F1 driver salary cap 'total...
Raymond Vermeulen, the man who looks after the interests of reigning F1...
2y ago from F1i.com
Max's manager labels salary cap ‘total idiocy'...
Max Verstappen's manager Raymond Vermeulen says the idea of a salary cap...
2y ago from PlanetF1.com
Verstappen's manager slams salary cap idea
May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver...
2y ago from OneStopStrategy.com
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘had to sacrifice performance'...
Francesco Bagnaia said he “had to sacrifice a bit of performance” on...
13h ago from MotorsportWeek.c...
Martin to copy Marquez's style after riding...
No description available...
18h ago from Motorsport.com
Vinales "looked like an idiot" after Motegi...
No description available...
15h ago from Motorsport.com
Marquez says "we’re experts in complicating our...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
How Palou cemented his growing legend in IndyCar title...
No description available...
1d ago from Motorsport.com
Alex Palou’s greatness is in a league of its own
No description available...
2d ago from Motorsport.com
Jamie Chadwick completes ‘incredible’ maiden...
Jamie Chadwick completed her first NTT IndyCar Series test earlier this...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC rising star has “zero idea” over future after...
No description available...
1d ago from Motorsport.com
Toyota encouraged for future after Pajari’s WRC...
No description available...
2d ago from Motorsport.com
Alonso: Third F1 title my "only priority",...
No description available...
3d ago from Motorsport.com
Janne Ferm hangs up his helmet
Last week's Rally Chile Bio Bío marked Ferm's 90th and final WRC start,...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Barcelona, Atletico Madrid 'battling for £42m Arsenal...
Atletico Madrid reportedly show an interest in re-signing Thomas Partey...
5h ago from SportsMole.co.uk
Report: Arsenal and Aston Villa could rival Liverpool...
Liverpool could face competition from five other Premier League clubs for...
5h ago from CaughtOffside.com
'Another level' – Arteta believes there's even...
Arsenal boss Mikel Arteta believes Kai Havertz still has ‘another...
6h ago from CaughtOffside.com
Chris Sutton uses Arsenal example to advise Celtic...
Brendan Rodgers yesterday outlined his commitment to Celtic's playing...
7h ago from CaughtOffside.com
Comments
Hottest News
Ricciardo Red Bull RETURN tipped as Verstappen Wolff...
Mercedes team principal Toto Wolff has spoken... Read More »
7h ago from GPFans.com
Sainz names his best friend in F1: 'He still is!'
Carlos Sainz joined Ferrari in 2021, teaming up... Read More »
14h ago from GPBlog.com
David Schumacher issues emotional statement in...
German racing driver David Schumacher - the son... Read More »
20h ago from GPFans.com
