News Details
Formula 1 CEO not in favour of salary cap: 'They are the heart of this show'
Formula One teams have to adhere to a $145 million budget cap for the first time in 2021, but drivers are still being paid a lot. Where a salary cap is now also being discussed, Stefano Domenicali is not a big fan of it. As of this season, F1 teams must stay within the confines of a $145 million budget cap. Not all teams will reach this amount, but for Red Bull Racing and Mercedes it had an impact of course. Still, the impact is not that big, because drivers and the best paid staff are not affected. Salary cap for drivers Lewis Hamilton reportedly still earns around 40 million dollar, and Max Verstappen and Sebastian Vettel are still on the payroll for 25 and 15 million respectively....
Full Story »
Full Story »
1y ago from GPBlog.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
$30m salary cap to be introduced, reports suggest
Reports are suggesting that a salary cap is soon to be introduced, with...
1y ago from PlanetF1.com
Prost: 'In my day you made the difference by being...
In 2022 the FIA will unleash their much talked about budget cap on the...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Red Bull Ring: Zarco shades Miller by 0.024s in second...
No description available...
1h ago from Motorsport.com
Zarco fronts Ducati 1-2-3 in second Austrian practice...
Johann Zarco led a Ducati 1-2-3 in FP2 at the Red Bull Ring ahead of Jack...
1h ago from MotorsportWeek.c...
Johann Zarco on top at the Red Bull Ring as Ducati...
No description available...
1h ago from Crash.net
Pol Espargaro joins rebranded Tech3 KTM MotoGP squad...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin thriving with ‘honest’ relationship...
'He was one of the first Team Penske engineering employees that I met when...
15h ago from SpeedCafe.com
IndyCar at World Wide Technology Raceway – weekend...
No description available...
14h ago from Motorsport.com
Castroneves taking longer than expected to adjust to...
Helio Castroneves is competing in his first full IndyCar season since...
1d ago from MotorsportWeek.c...
IndyCar at Gateway: Start time, how to watch, entry...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Belgium: Evans leads Tanak after Rovanpera’s...
No description available...
2h ago from Motorsport.com
Latvala says Rovanperä´s crash was inevitable
Toyota´s team boss Jari-Matti Latvala says Kalle Rovanperä´s crash was...
3h ago from TheCheckeredFlag...
WRC Belgium: Rovanpera crashes out after violent roll
No description available...
5h ago from Motorsport.com
Jos Verstappen on WRC Ypres debut: "Max thinks...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Ligue 1 club in contact with Man United winger but...
French club Nice are reportedly on the lookout for a new right-sided...
44m ago from CaughtOffside.com
6 players who arguably have a bigger legacy than...
No description available...
2h ago from SportsKeeda.com
Injury halts Patino's progress but loan move can be a...
Charlie Patino had got off to an encouraging start on loan at Blackpool...
2h ago from News.ArseBlog.com
Arteta: No update on new signings but 'everything is...
Mikel Arteta says Arsenal are no closer to recruiting further players this...
1h ago from News.ArseBlog.com
Comments
Hottest News
‘Trouble in paradise': Toto Wolff slammed for going...
Mercedes team principal Toto Wolff has been... Read More »
3h ago from Formula1News.co.uk
Red Bull and Ferrari key to success revealed
McLaren technical director James Key has detailed... Read More »
7h ago from GPFans.com
Audi warn they're likely to miss key F1 deadline
Audi have indicated that they are not going to... Read More »
1h ago from Formula1News.co.uk