News Details

Leclerc doesn't agree with plans for salary cap

Charles Leclerc is not in favour of a salary cap in Formula 1, saying the drivers will be speaking with the FIA about the proposed $30 million cap. Having introduced a $145 million budget cap this season, Formula 1 is now considering another for the drivers' salaries. It is a decision that would hit the sport's highest earners the hardest with 10 drivers, topped by Lewis Hamilton's $30m and rounded off with Carlos Sainz's $10m, bringing in double-figure salaries. Hamilton, Max Verstappen and Fernando Alonso all earn of $20 million per season. However, under the proposed cap the teams will have a limit of $30m for both drivers with the decision of how to divide that left up to each team....
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Charles Leclerc Reveals Why Ferrari Were Very...

Charles Leclerc has explained why Ferrari were more competitive than...
3y ago from Formula1News.co.uk

McLaren agree to sell MTC in £170m leaseback deal

McLaren has agreed to sell its Woking-based factory, the McLaren...
3y ago from GrandPrix247.com

F1 agrees budget cap limit increase for Sprint...

Article To news overview © Mercedes Although yet to be formally...
3y ago from RacingNews365.com

Szafnauer: Aston Martin pretty satisfied FIA took...

Aston Martin team principal Otmar Szafnauer has softened his stance...
3y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal star to leave the club with another deal...

Arsenal goalkeeper Aaron Ramsdale is set to leave the club at the end of...
53m ago from CaughtOffside.com

PL Vault | Man Utd 0-1 Arsenal (2002) | 'Wiltooord!'

Ahead of Manchester United versus Arsenal, we look back at when Sylvain...
53m ago from SkySports.com

Arsenal pursuit of 25-year-old Barcelona target very...

Real Sociedad midfielder Martin Zubimendi has been linked with a move away...
1h ago from CaughtOffside.com

Comments

Hottest News

Marko hints at Newey's future team

Following the news that Adrian Newey has left Red... Read More »
2h ago from GPBlog.com

Ferrari using final filming day to test Imola upgrade...

Ferrari will be up and running today and on... Read More »
1h ago from F1i.com

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.