Wednesday, October 28, 2020

F1 teams agree in principle to $30m driver salary cap from 2023 - Motorsport.com

Although the numbers have not been finalised, the provisional plan is to restrict driver salaries to $30m for the two drivers combined – which for example could be split at $20m and $10m.
There are also plans to put a cap on the combined salaries of the top three employees, which for most teams typically includes the team principal and technical director.
The move is part of an effort to ...Keep reading

Read more: F1 teams agree in principle to $30m driver salary cap from 2023 - Motorsport.com

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