News Details
Abiteboul: F1 needs to include salaries in the cap
Renault Formula 1 chief Cyril Abiteboul says Formula 1 is debating whether to add drivers' salaries to future budget caps. At present the team bosses are considering a proposal that would see the cap set at $145 million for 2021, falling to $140m for 2022 and $135m for 2023. That, though, won't cover all the teams' costs. While the various things such as engines and marketing is excluded from the cap, so too are the salaries of each team's top three employees and also the drivers' salaries. In Renault's case the latter, at least for 2020, means an extra $20m for Daniel Ricciardo for 2020 and $5m for Esteban Ocon. Mercedes has the largest wage bill of $48m. Abiteboul is keen to see drivers'...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Virtual Grand Prix of Monaco has record number of...
Next Sunday there will be another virtual Formula 1 race to follow and...
3y ago from GPBlog.com
Formula 1 without a German driver is 'absolute...
Formula 1 has had a German driver for many years and often in plural, but...
3y ago from GPBlog.com
F1 drivers will be rusty as hell in Austria –...
Reigning
World Champion Lewis Hamilton says Formula 1 drivers will be...
3y ago from MotorsportWeek.com
Drivers have been very active in F1 discussions...
Formula 1’s drivers have been “very active” in discussing the...
3y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
14h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
18h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power “didn't have any defense” against Dixon due...
No description available...
10h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
10h ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
18h ago from MotorsportWeek.c...
Arrow McLaren confirms Pourchaire for Barber...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Ally McCoist highlights how Arsenal star did something...
No description available...
1h ago from SportsKeeda.com
‘Has been linked' – Romano on potential...
It's no secret that both Arsenal and Man United are in the market for a...
53m ago from CaughtOffside.com
“Love it” - Arsenal target reacts as Jurrien...
No description available...
1h ago from SportsKeeda.com
'Like Chelsea's team, he went missing' – Arsenal...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Ferrari announce HUGE F1 change to iconic red livery
Roses are red, violets are blue, and now Ferrari... Read More »
1h ago from GPFans.com
Marko makes striking revelation about Perez's contract...
Helmut Marko has revealed details of contract... Read More »
2h ago from RacingNews365.com
Chinese GP Takeaways: Formula 1’s welcome return to...
Formula 1 was back racing in China for the first... Read More »
53m ago from GrandPrix247.com