News Details
$30m salary cap to be introduced, reports suggest
Reports are suggesting that a salary cap is soon to be introduced, with teams able to spend a total of $30million on driver wages. A budget cap has been introduced this season with teams limited to spending $145m throughout the year, and the maximum amount of spending will drop in the years to come. However, the salaries of drivers aren't included in the cap, and many feel that they need to be in order to really create a level playing field. Alain Prost, former driver and Alpine special advisor, is one of them. “It was crucial. Teams that spend twice as much as us can hire a lot more staff and put more time into development,” he said. “If it is not the only element of difference,...
Full Story »
Full Story »
1y ago from PlanetF1.com
0
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
F1 closing on $30m per team driver salary cap
Apr.8 Formula 1 is closing in on a $30 million per team annual budget...
1y ago from OneStopStrategy.com
'F1 quickly presents salary cap with major...
Formula 1 is about to introduce a limit for the salary of its drivers....
1y ago from GPBlog.com
Salary cap has big consequences for Hamilton and...
Formula 1 is about to introduce a limit for the salary of its drivers....
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Finnish MotoGP round delayed to 2023 amid homologation...
The first Finnish MotoGP event in four decades will be bumped back to 2023...
10h ago from MotorsportWeek.c...
MotoGP Grand Prix of Finland postponed until next...
No description available...
9h ago from Crash.net
MotoGP postpones Finnish GP return until 2023
No description available...
11h ago from Motorsport.com
Valentino Rossi’s memorable home Mugello MotoGP...
No description available...
16h ago from Crash.net
Popular On IndyCarToday.com
2023 Indy 500 logo revealed alongside extended...
The 107th running of the Indianapolis 500 has been given an official logo,...
43m ago from MotorsportWeek.c...
2023 Indy 500 logo revealed, as Gainbridge extends deal
No description available...
1h ago from Motorsport.com
Ganassi: Johnson has ‘lifted our team’
When Jimmie Johnson shifted his career from NASCAR to IndyCar in 2021, he...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drivers call for improved Pirelli rubber after...
No description available...
4h ago from Motorsport.com
How the WRC celebrated its milestone in style
No description available...
8h ago from Motorsport.com
WRC Portugal: The Good, The Bad and the emergence of a...
No description available...
1d ago from Motorsport.com
Loeb discussing more WRC 2022 outings with M-Sport
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Transfer News Roundup: Gunners preparing £25...
No description available...
2h ago from SportsKeeda.com
Atletico Madrid look set to rival Arsenal for signing...
Atletico Madrid look set to rival Arsenal for the signing of Udinese star...
43m ago from CaughtOffside.com
William Saliba saga takes fresh twist as Marseille...
WILLIAM SALIBA has become the subject of a transfer tug-of-war between...
33m ago from Express.co.uk
Eddie Nketiah's stance on staying at Arsenal as 'final...
EDDIE NKETIAH will soon decide where his future lies beyond this summer.
4h ago from Express.co.uk
Comments
Hottest News
Hamilton claims Russell had car advantage in Spain as he...
Sir Lewis Hamilton has conceded that he does not... Read More »
3h ago from Formula1News.co.uk
Vettel reveals what made him leave ‘famous sex club'
Sebastian Vettel, now 34 years old, has explained... Read More »
5h ago from Formula1News.co.uk
Ferrari comment on potential PU reliability design flaw...
Ferrari have confirmed that a terminal issue with... Read More »
3h ago from Formula1News.co.uk