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Formula 1 eyeing salary cap

Max Verstappen talks with Daniel Ricciardo Key Formula 1 stakeholders, including the teams, are entertaining the prospect of introducing a salary cap into the sport. While financial regulations currently limit what teams can spend when it comes to fielding the cars themselves, there are a number of areas which fall outside its jurisdiction. That includes marketing spend and the salary of selected positions within the organisation, drivers among them. As the sport continues to find ways to make itself more sustainable, both environmentally and financially, there is a growing push towards capping salaries. “This will be probably the next topic on the table,” conceded Alfa Romeo...
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1y ago from SpeedCafe.com 0
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