News Details

Should drivers take pay cuts to save teams? Button answers

Whenever it comes to money it is difficult to say what others should do with Jenson Button admitting the question about drivers taking pay cuts in today's climate is 'tricky'. Many of the smaller Formula 1 teams, and even the bigger ones backed by manufactures, are facing financial hurdles as the Formula 1 season is put on hold. Red Bull advisor Helmut Marko reckons it costs the teams '100 million' for every five races missed. So far Formula 1 has cancelled two and postponed six others. The ongoing crisis around the world is not only hitting the pockets of every day people but also sportings industries. Several football teams, such as Barcelona, have announced that their players are taking...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Tost: 'Teams can save money thanks to coronavirus'

AlphaTauri boss Franz Tost has suggested that the current shutdown of...
5y ago from F1i.com

Coronavirus shutdown saving F1 teams ‘a lot of...

AlphaTauri team boss Franz Tost has said the current Coronavirus pandemic...
5y ago from MotorsportWeek.com

Tost: Teams have saved ‘a lot of money'

AlphaTauri boss Franz Tost says the coronavirus pandemic has actually...
5y ago from PlanetF1.com

F1 considering extended shutdown to save money

The Formula 1 teams could be in for a long summer break, perhaps six...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

Conor Daly snags Indy 500 ride with Dreyer and Reinbold

Dreyer and Reinbold Racing has announced that Conor Daly will drive for...

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Bayer Leverkusen v Arsenal – live blog

Join us for live blog coverage of our Champions League Round of 16 clash...
46m ago from Arseblog.com

Ex-Chelsea star John Obi Mikel says he will not...

Former Chelsea player John Obi Mikel has claimed that he would not...
1h ago from SportsKeeda.com

'Aren't a good fit' - Arsenal fans question Arteta's...

Some Arsenal fans online have questioned Mikel Arteta's decision to start...
1h ago from SportsKeeda.com

Chelsea icon tears into Arteta tactics, slams Arsenal...

Arsenal are currently fighting for the league title and are at the top of...
1h 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.