News Details
Abiteboul: F1 needs to include salaries in the cap
Renault Formula 1 chief Cyril Abiteboul says Formula 1 is debating whether to add drivers' salaries to future budget caps. At present the team bosses are considering a proposal that would see the cap set at $145 million for 2021, falling to $140m for 2022 and $135m for 2023. That, though, won't cover all the teams' costs. While the various things such as engines and marketing is excluded from the cap, so too are the salaries of each team's top three employees and also the drivers' salaries. In Renault's case the latter, at least for 2020, means an extra $20m for Daniel Ricciardo for 2020 and $5m for Esteban Ocon. Mercedes has the largest wage bill of $48m. Abiteboul is keen to see drivers'...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Virtual Grand Prix of Monaco has record number of...
Next Sunday there will be another virtual Formula 1 race to follow and...
5y ago from GPBlog.com
Formula 1 without a German driver is 'absolute...
Formula 1 has had a German driver for many years and often in plural, but...
5y ago from GPBlog.com
F1 drivers will be rusty as hell in Austria –...
Reigning
World Champion Lewis Hamilton says Formula 1 drivers will be...
5y ago from MotorsportWeek.com
Drivers have been very active in F1 discussions...
Formula 1’s drivers have been “very active” in discussing the...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
8h ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
9h ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
11h ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
1d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
1d ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
2w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
5 replacements for Thomas Partey that Arsenal could...
The Athletic reported today that Arsenal will definitely seek a...
5h ago from FreshArsenal.com
Revealed: Jose Mourinho has spoken with Man Utd star...
Fenerbahce have made an offer to Manchester United attacking midfielder...
7h ago from CaughtOffside.com
2x Champions League winner to complete Arsenal...
Arsenal are reportedly closing in on the final details of the Kepa...
9h ago from CaughtOffside.com
'Heartbroken' Arsenal target has informed club of...
Transfer journalist Fabrizio Romano has provided an update on the...
10h ago from CaughtOffside.com
Comments
Hottest News
I was an F1 star and I won Le Mans six times, but I just...
Jacky Ickx is a name that belongs in the list of... Read More »
45m ago from GPFans.com
Aston Martin STUNNED by Adrian Newey methods
2016 F1 world champion Nico Rosberg has suggested... Read More »
8h ago from GPFans.com
Mercedes edge towards Max Verstappen decision after George...
George Russell has given his verdict on rumours... Read More »
1h ago from GPFans.com
