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 »
Full Story »
1y ago from Formula1News.co.uk
0
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
Pedrosa says 'unexpected' MotoGP return pushed by...
No description available...
2h ago from Motorsport.com
Quartararo: Yamaha MotoGP satellite team "must be...
No description available...
2h ago from Motorsport.com
Yamaha to bring brand new MotoGP bike at Jerez test
Fabio Quartararo and Alex Rins are set to test ride a brand-new Yamaha M1...
45m ago from MotorsportWeek.c...
Fernandez to ride 2024 Aprilia MotoGP bike from Jerez...
Trackhouse Aprilia rider Raul Fernandez will ride the 2024 spec bike when...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
11h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
11h ago from Motorsport.com
Full-time IndyCar move “an option” says supersub...
No description available...
14h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
1d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
1d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Ashley Cole explains the difference between playing...
No description available...
35m ago from SportsKeeda.com
Spurs v Arsenal has extra edge but derby mentality may...
el Arteta’s side are chasing the title but Ange Postecoglou wants a...
2h ago from TheGuardian.com
'Mesmerising at the moment' - Gary Neville feels...
No description available...
1h ago from SportsKeeda.com
'It looks a bit crass' - Mesut Ozil trying to emulate...
No description available...
6h ago from SportsKeeda.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
6h ago from GPFans.com
Rosberg reveals financial toll of rivalry with Hamilton
Nico Rosberg recently shed light on an intriguing... Read More »
3h ago from F1i.com
'Gasly considers Alpine departure and negotiates with...
Formula 1's grid in 2024 is exactly the same as... Read More »
45m ago from GPBlog.com