News Details

'F1 quickly presents salary cap with major implications for Mercedes and Red Bull'

Formula 1 is about to introduce a limit for the salary of its drivers. Lewis Hamilton and Max Verstappen seem to be the biggest victims of this new rule. In recent years, Formula 1 has been busy reducing the enormous costs of the sport. The gap between the rich teams and the smaller teams has become so big that races are becoming more and more predictable. By putting a cap on the costs, the gap remains limited. Read more Verstappen jokes about 'unique signature': 'It's not available anymore' Salary cap Formula 1 already did this by introducing a budget cap, which allows teams to spend only 122 million euro per season. However, this does not include the costs for the drivers, but the sport...
Full Story »
1y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Charles Leclerc Refuses To Share Opinion On F1 Driver...

Ferrari driver Charles Leclerc has refused to publicly voice his views on...
1y ago from Formula1News.co.uk

Fighting Williams the limit of Haas' 2021 F1 ambitions

Haas says taking the fight to Williams is the limit of its ambitions for...
1y ago from MotorsportWeek.com

Ferrari hoping new 2022 power unit becomes the F1...

Article To news overview © Ferrari Mattia Binotto has stated that while...
1y ago from RacingNews365.com

Formula 1 to field ‘wild card’ team at select...

Formula One Management is to introduce a radical innovation to the sport...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Massive Newman/Haas IndyCar collection set for auction

Title winners from Nigel Mansell, Mario Andretti, Michael Andretti, and...
14h ago from SpeedCafe.com

Motorsport Monday: Your free weekly motorsport...

The all-electric Formula E World Championship came to an exciting...

Andretti takes swipe at Wolff over F1 power

1978 Formula 1 World Champion Mario Andretti has hit out at Mercedes boss...

Popular On TotalWRC.com

Hyundai´s Julien Moncet: 'we take a lot of confidence...

Hyundai´s deputy team principal Julien Moncet has high hopes for a good...

Ott Tänak: “We head to Belgium on the back of our...

Ott Tänak, Thierry Neuville and Oliver Solberg are determined to bring...

Popular On GunnersToday.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.