News Details

F1 CEO may not support $30m driver spending cap

Apr.12 Stefano Domenicali has suggested that Formula 1 may in fact not support moves to install an annual $30 million per team limit on driver salary spending. We reported last week that the FIA and Liberty Media are poised to circulate such a proposal among F1 teams. However, F1 CEO Domenicali has now told Corriere dello Sport newspaper: 'The drivers are particularly relevant in our sport. There are just 20 of them, not 200 or more. 'A team's two drivers are the spearhead that unites the ambitions of a team with hundreds of other people,' the Italian added. '(Lewis) Hamilton's brilliance, and the sort of risks that (Romain) Grosjean took in Bahrain last year, remind us that the drivers...
Full Story »
Share

You May Also Be Interested In...

F1 closing on $30m per team driver salary cap

Apr.8 Formula 1 is closing in on a $30 million per team annual budget...
4y ago from OneStopStrategy.com

$30m salary cap to be introduced, reports suggest

Reports are suggesting that a salary cap is soon to be introduced, with...
4y ago from PlanetF1.com

Charles Leclerc Refuses To Share Opinion On F1 Driver...

Ferrari driver Charles Leclerc has refused to publicly voice his views on...
4y ago from Formula1News.co.uk

Formula 1 CEO not in favour of salary cap: 'They are...

Formula One teams have to adhere to a $145 million budget cap for the...
4y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Milwaukee – Qualifying Results

All 27 drivers of the NTT IndyCar Series buckled in and completed two of...

Three Honda drivers to take IndyCar grid penalties at...

The NTT IndyCar Series has announced three grid penalties for this...
14h ago from MotorsportWeek.c...

Josef Newgarden tops the timesheets for Milwaukee’s...

The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Real Madrid Transfer News Roundup: Los Blancos eyeing...

Real Madrid travel to the Estadio Carlos Tartiere on Sunday, August 24, to...
24m ago from SportsKeeda.com

Documents signed: Fabrizio Romano explains whether...

All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com

Report: Arsenal still keen on signing in surprise...

Arsenal may not be finished in the transfer market just yet, with some...
9h ago from FreshArsenal.com

Arsenal 5-0 Leeds: Premier League – as it happened

tor Gyökeres and Jurriën Timber both score twice as the Gunners rout...
9h ago from TheGuardian.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.