News Details

Mid-field team bosses converge on driver salary cap in F1

Several bosses of mid-field teams in F1 have pronounced themselves in favour of including driver salaries in the sport's budget cap. A $145 million cost cap will be introduced from 2021 with the aim of levelling the playing field. But the number excludes, among other items, drivers' retainers. Mercedes boss Toto Wolff recently supported the idea of including driver salaries in the teams' controlled restricted budget, but the Austrian fears that imposing a threshold on retainers could drive F1's super stars away from the sport. Lewis Hamilton is currently the sport's top earner with the Briton taking in an estimated $40m annually. Ferrari's Sebastian Vettel also figures among the big buck...
Full Story »
5y ago from F1i.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

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team...
5y ago from PlanetF1.com

Ferrari: It is painful, very painful

For Scuderia Ferrari, the Styrian Grand Prix was all over after little...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Why MotoGP hails 2025 season as a...

MotoGP promoter Dorna Sports has described the conclusion of the 2025...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Romet Jürgenson to compete in opening three WRC2...

The rising Estonian talent is joined by co-driver Siim Oja and start...

Popular On GunnersToday.com

Chelsea plan to steal ‘pretty special' playmaker...

Chelsea are interested in signing the Genk midfielder Konstantinos...
12h ago from CaughtOffside.com

'What a massive player he is for us' - Mikel Arteta...

Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
18h ago from SportsKeeda.com

'That's true, yes': Transfer expert confirms Arsenal...

Arsenal are reportedly interested in signing the Borussia Dortmund...
20h ago from CaughtOffside.com

Contact made: Berta leading talks as Arsenal prepare...

Arsenal are looking to improve the midfield unit with the signing of...
20h 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.