News Details
Verstappen's manager slams salary cap idea
May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver salary cap in Formula 1. As a debate rages in the paddock about whether rampant inflation should bump up the $140 million per-team budget cap in 2022, it emerges that also under discussion is a separate limit on how much drivers can be paid. Ferrari boss Mattia Binotto confirmed the talks. 'These discussions will take time,' he said at Monaco, 'as you have to deal with the existing contracts.' According to the Dutch newspaper De Telegraaf, the salary cap idea is also already opposed by Red Bull and even Liberty Media. 'Total idiocy,' said Verstappen's manager Raymond Vermeulen when asked about the salary cap proposal....
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1y ago from OneStopStrategy.com
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