News Details

Ricciardo's salary gets cut by Renault in negotiation with Abiteboul

The corona crisis puts a part of the Formula 1 teams under heavy financial pressure and the more races disappear from the calendar, the bigger their problems become. Cyril Abiteboul of Renault is therefore in favour of using the crisis to implement drastic measures. Although Renault is not one of the teams that is already endangered by the crisis, it has become clear in recent weeks that Renault is one of the proponents of a further reduction of the budget limit. To achieve this, Abiteboul does not shy away from further freezing of the development of both the engines and other parts. Even the big earner within the team will not get away with it. Read more Hamilton under fire: ''Then do...
Full Story »
6y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Abiteboul: Racing Point 'pink Mercedes' like forged...

Renault F1 boss Cyril Abiteboul says Racing Point has no reason to be...
6y ago from F1i.com

Ferrari's Binotto in favour of two-tier budget cap...

Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
6y ago from F1i.com

Todt pleads for drastic reduction of budget limit:...

As a result of the COVID-19 corona crisis, a number of Formula 1 teams...
6y ago from GPBlog.com

Renault to partially or totally reduce activities at...

Renault Sport Racing today announced measures to partially or totally...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta sets fastest time in second Hungarian...

Pedro Acosta continued to showcase his immense pace at the Balaton Park...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

'I need a new challenge' – Star fuels Arsenal...

AC Milan star Rafael Leao has spoken out on his future by making it clear...
2h ago from CaughtOffside.com

Arsenal transfer saga may be nearing its conclusion as...

Arsenal could reportedly be set to miss out on Atletico Madrid striker...
2h ago from CaughtOffside.com

Sources: How Man United have moved ahead of Arsenal...

Manchester United now look to be the favourites for the transfer of...
8m ago from CaughtOffside.com

Arsenal make contact for 80m attacker as battle with...

William Gomes has been linked with a move away from Porto in recent weeks,...
15h 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.