News Details
Renault's confirms pay cut for top earner Ricciardo
Renault F1 boss Cyril Abiteboul has confirmed that Daniel Ricciardo will lose a slice of his hefty retainer this season as a result of the coronavirus crisis and its impact on F1. Ricciardo's two-year deal with the French outfit initially called for a $55m pay-out, an amount that was disclosed last year following a legal dispute between the Australian driver and his former manager. An abbreviated campaign and the sport's economic downturn amid the COVID-19 pandemic means the 30-year-old will likely see a rebate of at least 20 percent on his basic $27.5m annual salary. Renault follows rivals with staff furlough at Enstone "It’s a discussion we’ve already had," said Abiteboul...
Full Story »
Full Story »
You May Also Be Interested In...
Abiteboul: Ricciardo will take a pay cut
Daniel Ricciardo will take a pay cut to help Renault through the...
5y ago from GrandPrix247.com
Haas becomes fifth F1 team to furlough staff, drivers...
Haas has placed the majority of its UK-based staff on furlough with both...
5y ago from Crash.net
Ricciardo's salary gets cut by Renault in negotiation...
The corona crisis puts a part of the Formula 1 teams under heavy...
5y ago from GPBlog.com
Ricciardo: F1 should consult drivers on 2020 schedule...
Daniel Ricciardo believes Formula 1 and the FIA should sound out drivers...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
10h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
1d ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
1d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
2d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal latest: Saliba believes Gunners can win...
No description available...
5h ago from SkySports.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
9h ago from CaughtOffside.com
‘A quick learner’: how Declan Rice went from...
fielder will be part of the conversation for a Ballon d’Or if he...
13h ago from TheGuardian.com
Manchester United and Arsenal step up interest in...
Manchester United and Arsenal have stepped up their pursuit of Belgian...
14h ago from SportsKeeda.com
Comments
Hottest News
Why does Audi consider the reveal of its official name as a...
Having revealed its official name and the Berlin... Read More »
2h ago from F1Technical.net
F1 2025 stars as Christmas movie characters
With the 2025 season over, and a long wait before... Read More »
3h ago from GPFans.com
Max Verstappen McLaren contract advice revealed: 'Many...
The friendship between Max Verstappen and Gabriel... Read More »
6h ago from RacingNews365.com
