News Details

Verstappen's manager slams salary cap idea

May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver salary cap in Formula 1. As a debate rages in the paddock about whether rampant inflation should bump up the $140 million per-team budget cap in 2022, it emerges that also under discussion is a separate limit on how much drivers can be paid. Ferrari boss Mattia Binotto confirmed the talks. 'These discussions will take time,' he said at Monaco, 'as you have to deal with the existing contracts.' According to the Dutch newspaper De Telegraaf, the salary cap idea is also already opposed by Red Bull and even Liberty Media. 'Total idiocy,' said Verstappen's manager Raymond Vermeulen when asked about the salary cap proposal....
Full Story »
Share

You May Also Be Interested In...

‘Many teams' will break budget cap –...

May 29 Ferrari has joined Red Bull in pushing for an emergency increase...
1y ago from OneStopStrategy.com

F1 row threatens existence of budget cap –...

May 24 Smaller teams are continuing to resist efforts to ramp up the...
1y ago from OneStopStrategy.com

‘It's impossible': McLaren team principal sends...

Global rising costs are having a dramatic effect on Formula 1, with teams...
1y ago from Formula1News.co.uk

Red Bull's budget cap problem ‘great' –...

May 28 Some teams are refusing to budge as Red Bull leads a vocal...
1y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Bagnaia ‘raced in defence' in COTA with Ducati...

Ducati rider Francesco Bagnaia says he was forced to be in a 'race...
18h ago from MotorsportWeek.c...

‘Unexpected brake problem' behind Marquez COTA...

Gresini Ducati's Marc Marquez has explained that his crash from the lead...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dale Coyne brings in Harvey for additional race in...

Dale Coyne Racing has confirmed that Jack Harvey will be driving for the...
14h ago from MotorsportWeek.c...

Popular On TotalWRC.com

50 years of the ‘Queen of Speed’ Michele Mouton

It has been 50 years since the ‘Queen of Speed’ Michele Mouton debuted...

Popular On GunnersToday.com

Premier League Team of the Week - Cole Palmer, Jeremy...

Sports Mole selects its Premier League Team of the Week, including Cole...
16m ago from SportsMole.co.uk

Exclusive: Fabrizio Romano provides update on Juventus...

Transfer news expert Fabrizio Romano has provided his latest update on...
1h ago from CaughtOffside.com

Exclusive: Fabrizio Romano responds to Arsenal...

Transfer news expert Fabrizio Romano has responded to recent rumours...
1h 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.