News Details

Verstappen's manager warns the FIA that a driver salary cap would be ‘illegal'

With inflation hitting every corner of the planet, discussions have begun as to whether the $140 million budget cap can be increased, with teams concerned that they may miss races to avoid spending over the limit. Ferrari team principal Mattia Binotto confirmed that these talks were taking place. “These discussions will take time,” Binotto explained at Monaco. “As you have to deal with the existing contracts.” Increasing the budget cap isn't the only idea that's been raised, with a potential driver salary cap also being considered. This has caused some anger in the paddock, with Max Verstappen's manager labelling the idea as 'total idiocy'. According to Dutch newspaper De...
Full Story »
Share

You May Also Be Interested In...

Verstappen's manager slams salary cap idea

May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver...
1y ago from OneStopStrategy.com

‘We will go over': Binotto warns Ferrari and...

Ferrari team principal Mattia Binotto believes that it will be impossible...
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

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

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Palou tops opening day of IndyCar testing from Sebring

15 drivers were on track Monday for the first of two days of testing ahead...

Andretti shows of redesigned liveries for all three...

Andretti Global has shown off a trio of redesigned liveries for the 2024...

Popular On TotalWRC.com

US ambassador Caroline Kennedy prepares for Shitbox...

a fundraising sausage sizzle ahead of the rally, Kennedy quoted the words...
2d ago from TheGuardian.com

Popular On GunnersToday.com

Arsenal are long-term admirers of 28-year-old but they...

With just a couple of months left until the end of the 2023/24 Premier...
49m ago from CaughtOffside.com

Man United and Arsenal ready to make offers for...

In the competition to recruit Everton midfielder Amadou Onana this summer,...
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.