News Details

Leclerc doesn't agree with plans for salary cap

Charles Leclerc is not in favour of a salary cap in Formula 1, saying the drivers will be speaking with the FIA about the proposed $30 million cap. Having introduced a $145 million budget cap this season, Formula 1 is now considering another for the drivers' salaries. It is a decision that would hit the sport's highest earners the hardest with 10 drivers, topped by Lewis Hamilton's $30m and rounded off with Carlos Sainz's $10m, bringing in double-figure salaries. Hamilton, Max Verstappen and Fernando Alonso all earn of $20 million per season. However, under the proposed cap the teams will have a limit of $30m for both drivers with the decision of how to divide that left up to each team....
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Charles Leclerc Reveals Why Ferrari Were Very...

Charles Leclerc has explained why Ferrari were more competitive than...
4y ago from Formula1News.co.uk

McLaren agree to sell MTC in £170m leaseback deal

McLaren has agreed to sell its Woking-based factory, the McLaren...
4y ago from GrandPrix247.com

F1 agrees budget cap limit increase for Sprint...

Article To news overview © Mercedes Although yet to be formally...
4y ago from RacingNews365.com

Szafnauer: Aston Martin pretty satisfied FIA took...

Aston Martin team principal Otmar Szafnauer has softened his stance...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...
17h ago from MotorsportWeek.c...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
21h ago from MotorsportWeek.c...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
33m ago from SkySports.com

Arsenal chose well when they sent Ethan Nwaneri on...

liam Saliba became a leader during his time in France. Arsenal are hoping...
4h ago from TheGuardian.com

“The most fragile I’ve ever seen them” - Phil...

Phil Jones was unimpressed with the performances of Arsenal duo Gabriel...
6h 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.