News Details

Verstappen: Healthy F1 'completely wrong' to cap driver salaries

Max Verstappen says Formula 1 would be "completely wrong" to introduce a cap on driver salaries given the healthy financial state of the sport. The topic of following up F1's budget cap with a ceiling on driver salaries has been on the table for several years, with a limit of $30 million for a team's two drivers often cited as a potential starting point. But beyond the contractual complexities of introducing a retainer threshold due to drivers holding valid contacts with their teams with various durations, Verstappen argues that restraining driver salaries at a time when F1's is growing on a wave of prosperity doesn't make sense; "It's still all a bit vague as well,...
Full Story »
3y ago from F1i.com 0
Share

You May Also Be Interested In...

Verstappen: F1 drivers' salary cap completely wrong

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

Verstappen: F1 salary cap idea 'completely wrong'

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

Verstappen slams ‘completely wrong’ F1 driver...

World champion Max Verstappen has hit out against the idea of a cap on...
3y ago from Racer.com

Verstappen slams ‘completely wrong’ F1 driver...

World champion Max Verstappen has hit out against the idea of a cap on...
3y ago from Racer.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

“You are putting everybody in danger” - Frank...

Former France defender Frank Leboeuf has called out Chelsea goalkeeper...
1h ago from SportsKeeda.com

“What an idiot” - Ex-Chelsea star slams Pedro Neto...

Former Chelsea star Chris Sutton has slammed Pedro Neto following his red...
1h ago from SportsKeeda.com

Sources: Liverpool face Arsenal competition to sign...

Alessandro Bastoni has long been regarded as one of Europe’s most...
4m ago from CaughtOffside.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.