News Details
F1 Teams Agree $30 Million Driver Salary Cap
On Monday, all F1 team bosses met virtually at the F1 Commission to vote on issues the sport is currently having to contend with. The main takeaway from this meeting was the pending addition of a driver salary cap starting in 2023 which was agreed upon by all the teams. READ: ‘Your Racism Is Showing’: Actress Accuses Lando Norris Of Being Racist Towards Lewis Hamilton This move is a step to further reduce F1 teams’ spending, as the budget cap scheduled to come into effect next year will not limit driver salaries or the salaries of the top three highest paid team employees. The World Motor Sport Council still needs to ratify the proposal which is set the salary cap for drivers at $30...
Full Story »
Full Story »
5y ago from Formula1News.co.uk
0
You May Also Be Interested In...
F1 teams agree in principle to $30m driver salary cap
The Formula 1 teams have agreed in principle to a driver salary cap which...
5y ago from GrandPrix247.com
F1 teams agree to cap drivers' salaries from 2023!
Formula 1 teams have reportedly agreed to introduce a $30m cap on...
5y ago from F1i.com
Teams agree on $30m cap on driver salaries
Teams have agreed in principal to the introduction of a $30m cap on...
5y ago from Pitpass.com
F1 set to introduce driver salary cap in 2023
Formula 1 is poised to introduce salary caps in 2023 as part of the wider...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
The advice MotoGP champion Marc Marquez gave Isack...
No description available...
2d ago from Motorsport.com
The one area Ai Ogura must improve upon in 2026 MotoGP...
No description available...
2d ago from Motorsport.com
Johann Zarco set for early injury return at Aragon...
Johann Zarco is set for an earlier MotoGP return than anticipated after...
3d ago from MotorsportWeek.c...
Fabio Quartararo explains rationale behind Honda 2027...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas, Sting Ray Robb out of Freedom 250 after...
No description available...
1h ago from Motorsport.com
Christian Rasmussen storms to career-best fourth in...
No description available...
19h ago from Motorsport.com
IndyCar Washington D.C. – Qualifying Results
IndyCar took to the streets of Washington D.C. on Saturday afternoon for...
20h ago from MotorsportWeek.c...
IndyCar Freedom 250 starting lineup: Alex Palou claims...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
2d ago from Motorsport.com
Ott Tanak to make ARA debut on WRC fact finding mission
No description available...
2d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
6d ago from Motorsport.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 709 – 23.08.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.com
Talks ongoing: Arsenal discussing selling star for...
Al Hilal are reportedly in talks over signing Arsenal forward Gabriel...
6h ago from CaughtOffside.com
Arsenal set asking fee for Gabriel Martinelli as Saudi...
Arsenal have informed Saudi Pro League outfit Al-Hilal of their asking fee...
5h ago from SportsKeeda.com
Fabrizio Romano reveals Arsenal can afford ambitious...
Transfer news expert Fabrizio Romano claims Arsenal have indicated they...
10h ago from CaughtOffside.com
Comments
Hottest News
Fernando Alonso issues ‘more to come’ prediction for...
Fernando Alonso finished ninth in Zandvoort,... Read More »
2h ago from MotorsportWeek.com
F1: Dutch Grand Prix: Race team notes - Racing Bulls
A tough race for us today. Read More »
54m ago from Pitpass.com
Ferrari delay in moving Leclerc costly - Hamilton
Lewis Hamilton says Ferrari's delay in moving... Read More »
53m ago from BBC.co.uk
