News Details

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbished suggestions it could force superstar drivers to look elsewhere. Next season Formula 1 will operate under a budget cap of $145 million. That, though, is by no means the teams' only costs. There are several exemptions to the cap, the biggest being drivers' salaries. Mercedes has the biggest salary budget with Lewis Hamilton on $40m per season and Valtteri Bottas earning $8m. Next in line is Ferrari with Sebastian Vettel on $30m while Charles Leclerc earns a third of that. But at a time when Formula 1 is desperately looking at ways to reduce the costs of competing in the sport while also levelling...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Team bosses believe drivers should be included in...

One of the biggest anomalies of the budget cap due to be introduced next...
5y ago from Pitpass.com

No reason not to include driver salaries in budget cap...

Haas team principal Guenther Steiner sees no reason why driver salaries...
5y ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
5y ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
5y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...
17h ago from MotorsportWeek.c...

Toprak Razgatlioglu admits MotoGP adaptation...

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

Popular On IndyCarToday.com

Popular On TotalWRC.com

Oliver Solberg storms into Safari Rally Kenya lead

Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...

Popular On GunnersToday.com

Arsenal & Chelsea eye 20 million-rated 'complete...

Arsenal and Chelsea are interested in signing Adri Mehmeti from the New...
7h ago from CaughtOffside.com

Report: Arsenal & Tottenham line up move for...

Arsenal and Tottenham Hotspur are reportedly interested in signing Marco...
6h ago from CaughtOffside.com

PL Predictions: Arsenal to move further clear of Man...

Our football betting expert Jones Knows offers his insight across the...
4h ago from SkySports.com

Arsenal vs Everton Prediction and Betting Tips | March...

Arsenal will entertain Everton at the Emirates Stadium in the Premier...
7h 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.