News Details

Perez facing Red Bull pay cut after points slump

It seems that Sergio Perez' recent struggles on the track could also hit him in the wallet, as reports emerged of a performance-related clause in his current contract with Red Bull Racing. Citing sources said to be familiar with the matter, Dutch newspaper De Telegraaf reported on Saturday that Perez's current pay deal with Red Bull can be adjusted this month if he's 125 points or more behind Max Verstappen. That's exactly the margin between the pair going into the summer break, meaning that even though he's second in the championship Perez faces a potential drop in salary and related payments for the second half of the season. Various media sources have calculated that Perez is currently...
Full Story »
2y ago from F1i.com 0
Share

You May Also Be Interested In...

Red Bull facing fresh accusations

Red Bull have received fresh accusations of sandbagging following last...
2y ago from Formula1News.co.uk

Toto Wolff makes shocking claim about Nyck de Vries...

Mercedes team principal Toto Wolff has claimed that axed AlphaTauri...
2y ago from Formula1News.co.uk

‘No point': Daniel Ricciardo opens up on Red...

Daniel Ricciardo has openly admitted that returning to Red Bull is his...
2y ago from Formula1News.co.uk

Toto Wolff claims Red Bull ‘exploited'...

Mercedes team principal Toto Wolff believes Red Bull increased their...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...
12h ago from MotorsportWeek.c...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta tells these Arsenal players 'they have to...

Arsenal manager Mikel Arteta has explained that his bigger squad this...
4h ago from CaughtOffside.com

Carrick's Man Utd aiming to 'prove' themselves as...

Manchester United head coach Michael Carrick is relishing the opportunity...
4h ago from SkySports.com

Arsenal and Man United exploring move for...

Arsenal and Manchester United are reportedly exploring a potential move...
4h ago from CaughtOffside.com

Arsenal boss Mikel Arteta addresses 'best in the...

Arsenal manager Mikel Arteta has dismissed suggestions from Pep Guardiola...
4h 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.