News Details
Red Bull to cap F1 drivers' salaries: 'Respect existing contracts'
In 2021 there will be a budget cap for the first time in Formula 1, which teams will have to take into account. The salary of the drivers is not part of this cap, but that is what F1 wants. Red Bull and McLaren have their own ideas about a solution. Salary cap for F1 drivers The budget cap of 147,5 million dollar limits the teams (especially the big ones) in how much they can develop. However, the big teams still have an advantage, because the salary of the drivers and the top of the staff does not fall under this cap. So big teams can spend their budget cap entirely on the car, and also pay their drivers a top salary. ''In principle we are in favour, but we have to respect existing...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Marko: Mercedes offered to double salary of Red Bull...
Red Bull advisor Helmut Marko has said that Mercedes offered to double...
4y ago from GrandPrix247.com
Mercedes offering staff double pay to avoid exodus –...
Helmut Marko says Mercedes is offering to "double the salary"...
4y ago from F1i.com
Marko: Mercedes offering double pay if people stay
Mercedes are offering 'double the salary' to persuade their engine staff...
4y ago from PlanetF1.com
Perez leaves Verstappen ‘on his own again'
May 10 Max Verstappen is 'on his own again' within the Red Bull garage,...
4y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
18h ago from Motorsport.com
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
1d ago from Motorsport.com
Brad Binder reveals why he is optimistic he can bounce...
Factory KTM rider Brad Binder has admitted that his 2025 MotoGP season...
1d ago from MotorsportWeek.c...
Jorge Martin never thought ‘Why is this happening to...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
15h ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
1d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
19h ago from Motorsport.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
A New Year's Day ramble
Good morning everyone, and welcome to 2026. Here's a quick New Year's Day...
55m ago from Arseblog.com
Was Verbruggen foul on Gyokeres worthy of a red card?
Bart Verbruggen was shown a yellow card for his challenge on Viktor...
25m ago from SkySports.com
How to watch Arsenal vs Aston Villa
Arsenal host Aston Villa at the Emirates in a huge Premier League clash at...
25m ago from SkySports.com
An INCREDIBLE shootout! All 15 superb pens from...
Every penalty from the quarter-final shootout between Arsenal and Crystal...
25m ago from SkySports.com
Comments
Hottest News
'Obvious' Lewis Hamilton Ferrari replacement emerges
An 'obvious' replacement for Lewis Hamilton at... Read More »
1h ago from GPFans.com
F1 News Today: Christian Horner in team takeover 'bid' as...
Ex-Red Bull F1 team principal Christian Horner... Read More »
3h ago from GPFans.com
The great Jim Clark's final F1 triumphs
The South African GP held on this day in 1968 was... Read More »
35m ago from F1i.com
