F1 squads have agreed, in principle, that a driver salary cap will come into force from the start of the 2023 season – although deals in place already, such as Charles Leclerc's long-term contract with Ferrari, would not be impacted.
The plan would restrict driver salaries to a combined total of $30m for two drivers and would link in with the budget cap that will come into effect for 2021 ...Keep reading
Read more: Hamilton: Salary cap shouldn't hinder young F1 drivers - Motorsport.com
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