News Details

Report: Ferrari wants Vettel to take ‘drastic' pay-cut

Ferrari has reportedly made its first official contract-extension offer to Sebastian Vettel, albeit one that would represent a significant downgrade for the four-time world champion. Per Sky Sport Italia, the Scuderia are offering Vettel merely a one-year extension to the three-year, 100 million deal he signed in 2017, with a 'drastic' decrease in salary. As the report notes, Vettel's stock at Ferrari took a significant hit in 2019 with the emergence of teammate Charles Leclerc, while the delayed start to the 2020 season has left him with no opportunity to reassert his position as the team's number one driver. Compounding matters, Ferrari already has a list of drivers it considers viable...
Full Story »
5mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Todt vs GP247: Lawyers request extension but go...

The inexplicable Jean Todt versus GrandPrix247 saga has taken a bizarre...
5mo ago from GrandPrix247.com

Cancelling five races means losing ‘$100 million'

Helmut Marko has backed F1's decision to defer the 2021 rules for a year,...
5mo ago from PlanetF1.com

Massa: I wouldn't replace Vettel with Hamilton

Ferrari would be making a mistake in partnering Lewis Hamilton with...
5mo ago from GrandPrix247.com

Marko says lost races 'could cost teams 100 million'

Red Bull motorsports consultant Dr Helmut Marko says that the financial...
5mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi explains ‘unexpected' Emilio Romagna GP...

Valentino Rossi had an early exit to the Emilio Romagna GP yesterday,...

Mir's Misano podium run 'overconfidence' from maiden...

Suzuki's Joan Mir says his back-to-back Misano podiums have come after...
10h ago from AutoSport.com

Popular On IndyCarToday.com

McLaughlin details ‘whirlwind’ IndyCar race week...

Scott McLaughlin has detailed what the week leading up to his IndyCar...
1d ago from SpeedCafe.com

Team Penske reveals McLaughlin livery for IndyCar debut

Team Penske has revealed the livery with which Scott McLaughlin will run...
4d ago from SpeedCafe.com

Popular On TotalWRC.com

2020 Rally Turkey: Evans Takes Second Win of Season...

Elfyn Evans now has a 18 points advantage over Sebastien Ogier after he...
15h ago from TheCheckeredFlag...

Evans takes points lead after Rally Turkey victory

Elfyn Evans won a mad Rally Turkey on Sunday afternoon to reclaim the...

Neuville takes Rally Turkey lead after dramatic...

Thierry Neuville thrived in Rally Turkey's gruelling conditions on...

Popular On GunnersToday.com

Video: Emiliano Martinez produces fine penalty save on...

In the 32nd minute of Aston Villa's Premier League clash against Sheffield...
7h ago from CaughtOffside.com

Arsenal and Chelsea in talks over SHOCK swap deal...

Arsenal and Chelsea could reportedly be about to do some business...
13h ago from CaughtOffside.com

Arsenal sign Runarsson on four-year deal

Arsenal have signed goalkeeper Alex Runarsson on a four-year contract from...
9h ago from SkySports.com

Official: Runar Alex Runarsson signs for Arsenal

Arsenal have confirmed the signing of Runar Alex Runarsson from Dijon. The...
9h ago from News.ArseBlog.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.