News Details

'F1 quickly presents salary cap with major implications for Mercedes and Red Bull'

Formula 1 is about to introduce a limit for the salary of its drivers. Lewis Hamilton and Max Verstappen seem to be the biggest victims of this new rule. In recent years, Formula 1 has been busy reducing the enormous costs of the sport. The gap between the rich teams and the smaller teams has become so big that races are becoming more and more predictable. By putting a cap on the costs, the gap remains limited. Read more Verstappen jokes about 'unique signature': 'It's not available anymore' Salary cap Formula 1 already did this by introducing a budget cap, which allows teams to spend only 122 million euro per season. However, this does not include the costs for the drivers, but the sport...
Full Story »
1y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Charles Leclerc Refuses To Share Opinion On F1 Driver...

Ferrari driver Charles Leclerc has refused to publicly voice his views on...
1y ago from Formula1News.co.uk

Fighting Williams the limit of Haas' 2021 F1 ambitions

Haas says taking the fight to Williams is the limit of its ambitions for...
1y ago from MotorsportWeek.com

Ferrari hoping new 2022 power unit becomes the F1...

Article To news overview © Ferrari Mattia Binotto has stated that while...
1y ago from RacingNews365.com

Formula 1 to field ‘wild card’ team at select...

Formula One Management is to introduce a radical innovation to the sport...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

FIM president: VR46 ‘will switch from Ducati to...

FIM President Jorge Viegas says that Valentino Rossi’s VR46 MotoGP...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Chadwick signs on for Indy NXT with Andretti

W Series title winner Jamie Chadwick will race for Andretti Autosport in...
3d ago from SpeedCafe.com

Marcus Armstrong lands Ganassi IndyCar seat

'As a Kiwi, I’ve always watched Scott Dixon succeed in the championship...
2d ago from SpeedCafe.com

Armstrong moves from F2 to IndyCar with Ganassi

Chip Ganassi Racing has hired the Formula 2 veteran Marcus Armstrong to...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 'not planning to sign Gabriel Jesus...

Arsenal reportedly have no plans to sign an alternative to Gabriel Jesus...
56m ago from SportsMole.co.uk

Barcelona 'believe Youri Tielemans has agreed to join...

Barcelona reportedly expect to miss out on the signing of Leicester City...
1h ago from SportsMole.co.uk

Arsenal could sign a new Ozil in 'phenomenal' ace...

Back in 2010, a certain head-banded playmaker lit up South Africa with...

Exclusive: Fabrizio Romano provides Gabriel Jesus...

Fabrizio Romano has given an update on the striker situation at Arsenal in...
3h ago from CaughtOffside.com

Comments

Hottest News

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.