News Details

Verstappen slams ‘completely wrong’ F1 driver salary cap proposals

World champion Max Verstappen has hit out against the idea of a cap on Formula 1 driver salaries, arguing it would limit their ability to capitalize on the sport’s growing popularity and booming income. F1 introduced a general cost cap last season for the first time in its history, but it excludes the three highest paid members of staff — typically the drivers and team principal. Expanding expenditure controls to the drivers has long been mooted, with $30 million to cover a roster of two drivers informally proposed in 2020. The sport has yet to pursue it vigorously, with the question of how to deal with drivers already signed up on hefty salaries proving a tricky one to tackle,...
Full Story »
3y ago from Racer.com 0
Share

You May Also Be Interested In...

Verstappen: F1 salary cap idea 'completely wrong'

Reigning Formula One world champion Max Verstappen has slammed the idea...
3y ago from espnF1.com

Verstappen: F1 drivers' salary cap completely wrong

Max Verstappen insists the cap being proposed for the salaries of Formula...
3y ago from GrandPrix247.com

Talks on driver salary cap continue

As a number of teams seek to have the budget cap raised, talks over the...
3y ago from Pitpass.com

Alonso hits out at driver salary cap talks

Jun.7 Fernando Alonso has revealed his opposition to the idea of a...
3y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Important goals and big saves: Who were the weekend's...

Matchweek 28 gave us heroics by the bucketload. Sky Sports picks out the...
38m ago from SkySports.com

Arsenal 2-1 Chelsea: Points more important than...

Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com

Sources: Liverpool face Arsenal competition to sign...

Alessandro Bastoni has long been regarded as one of Europe’s most...
3h ago from CaughtOffside.com

“He can hold his head high” - Gary Neville heaps...

Manchester United legend Gary Nevlle reckons Chelsea centre-back Mamadou...
2h ago from SportsKeeda.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.