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Wolff firmly in favour of F1 driver salary cap
Toto Wolff is fully behind the idea of a driver salary cap in Formula 1, citing American sports as an example of why it would work. Drivers’ pay is currently excluded from the budget cap for constructors, which stands at $140million for the 2022 campaign. For the top teams like Mercedes and Red Bull, the wages for their drivers represents another huge outlay. Lewis Hamilton was reported last year by Forbes to be earning $62million, while the new contract Max Verstappen has signed with Red Bull through to 2028 is said to be worth 40 million euros each year. Verstappen himself has said bringing in a driver salary cap would be “completely wrong” because he and the other racers “put...
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1y ago from PlanetF1.com
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