News Details

Salary cap wouldn't force superstars out of F1

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbished suggestions it could force superstar drivers to look elsewhere. Next season Formula 1 will operate under a budget cap of $145 million. That, though, is by no means the teams' only costs. There are several exemptions to the cap, the biggest being drivers' salaries. Mercedes has the biggest salary budget with Lewis Hamilton on $40m per season and Valtteri Bottas earning $8m. Next in line is Ferrari with Sebastian Vettel on $30m while Charles Leclerc earns a third of that. But at a time when Formula 1 is desperately looking at ways to reduce the costs of competing in the sport while also levelling...
Full Story »
3w ago from PlanetF1.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...
3w 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...
1mo ago from GPFans.com

Briatore would have fined Leclerc and Vettel

Ex-team boss Flavio Briatore has said he would have fined the Ferrari...
4w ago from PlanetF1.com

Two more F1 races confirmed including Mugello debut

Formula 1 have added two more races to the developing 2020 calendar -...
1mo ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

KTM says first MotoGP win didn't come 'by accident'

KTM boss Pit Beirer says the Austrian marque's debut MotoGP win courtesy...
9h ago from AutoSport.com

Marquez to skip first Austrian event at least as...

Marc Marquez will not return to action until at least the second Austrian...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

33 entries confirmed for 104th Indianapolis 500

The Indianapolis Motor Speedway will host 33 drivers for the 104th...
4h ago from Racer.com

Cockpit cooling options tested in Johnson's IMS road...

When the NTT IndyCar Series returns to road course action in September or...
6h ago from Racer.com

Popular On TotalWRC.com

Rally Turkey agrees date change on 2020 WRC schedule

Rally Turkey will take place a week earlier than scheduled to facilitate...

Popular On GunnersToday.com

Gabriel Magalhaes' Arsenal transfer would leave...

Arsenal have made defender Gabriel Magalhaes a transfer priority – and...
6h ago from DailyStar.co.uk

Arsenal line ups next season if Willian and Coutinho...

Arsenal could boast a lethal line-up next season if they secure transfers...
8h ago from DailyStar.co.uk

Martin Keown outlines Mikel Arteta's next step after...

Arsenal legend Martin Keown believes Mikel Arteta will use FA Cup success...
5h ago from DailyStar.co.uk

Mesut Ozil pictured with Istanbul Basaksehir boss as...

Arsenal could finally be about to shift the club's top earner Mesut Ozil....
12h ago from DailyStar.co.uk

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.