News Details
Verstappen manager calls F1 driver salary cap 'total idiocy'
Raymond Vermeulen, the man who looks after the interests of reigning F1 world champion Max Verstappen, calls the idea of a salary cap in F1 for drivers "total idiocy". Last year, in a bid to reduce the sport's costs, Formula 1 introduced a sliding scale mandatory budget cap under which teams must operate. The threshold started at $145m in 2021 and has fallen to $140m this season, with the cap further reduced to $135m in 2023. However, in addition to such items such as power units and marketing and hospitality costs, drivers' retainers are also excluded from the budget cap. Although contracts are confidential by nature, various reports put Lewis Hamilton at the top of F1's best...
Full Story »
Full Story »
You May Also Be Interested In...
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk
Verstappen's manager slams salary cap idea
May 29 Max Verstappen has slammed as 'idiocy' plans to enforce a driver...
3y ago from OneStopStrategy.com
Max's manager labels salary cap ‘total idiocy'...
Max Verstappen's manager Raymond Vermeulen says the idea of a salary cap...
3y ago from PlanetF1.com
Verstappen and Red Bull turn against salary cap:...
Since last season there has been a budget ceiling in Formula 1, but there...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi completes clean sweep to top final...
Aprilia's Marco Bezzecchi continued his dominance by leading the field in...
2h ago from MotorsportWeek.c...
Marco Bezzecchi secures pole at Thai MotoGP season...
Marco Bezzecchi maintained his weekend dominance by securing pole...
1h ago from MotorsportWeek.c...
MotoGP Thailand GP: Marco Bezzecchi beats Marc Marquez...
No description available...
1h ago from Motorsport.com
Guenther Steiner: "You need to listen before you...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon crashes hard in opening practice for Grand...
No description available...
9h ago from Motorsport.com
Scott McLaughlin hustles to the top in opening IndyCar...
The NTT IndyCar Series returned to action Friday afternoon, completing...
9h ago from MotorsportWeek.c...
Pato O'Ward: "I'm tired of IndyCar being like the...
No description available...
12h ago from Motorsport.com
First look at Mick Schumacher's livery as he previews...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
1d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
2d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyökeres feeling trust and love helps him...
enal forward on a high after two goals at Spurs, with his manager hoping...
5h ago from TheGuardian.com
Ex-Arsenal and Chelsea icon would be open to Tottenham...
Former Arsenal and Chelsea midfielder Cesc Fabregas is open to taking the...
10h ago from CaughtOffside.com
Arsenal sent strong 100 million message amid links...
Mikel Arteta's Arsenal have suffered a massive blow in their pursuit of...
11h ago from CaughtOffside.com
Rosenior has talent to be Chelsea’s answer to Arteta...
atility and unusual structure at Stamford Bridge leave club’s young...
9h ago from TheGuardian.com
Comments
Hottest News
Oscar Piastri addresses 'Wacky Races' fear over new 2026 F1...
The McLaren driver believes there'll be no Dick... Read More »
30m ago from RacingNews365.com
Honda find 'cause' of Aston Martin testing woes as McLaren...
Check out the biggest stories from Friday,... Read More »
9h ago from RacingNews365.com
Honda identify 'main cause' of Bahrain F1 test horror show
Honda endured a highly difficult pre-season test... Read More »
19h ago from RacingNews365.com
