F1 News, Reports and Race Results

Brown in favour of driver salary cap 'in next few years'

McLaren CEO Zak Brown says he expects to see a driver salary cap introduced in Formula 1 in the next few years, but says there would be issues extending it to wider team personnel.

“I think all team bosses are in favour of introducing the salary cap for the drivers," he told Motorsport-total.com this week. "I think they will introduce it in the next few years."

The sport is already introducing an overall annual spending cap of no more than $145 for all teams taking part in the world championship this year, dropping to $135m from 2023.

“Formula 1 had to change its financial profile in order to make the racing teams more sustainable," Brown explained. "That’s what it is doing right now. You cut total expenses but still have flexibility in how you want to spend your money."

However the new spending cap doesn't currently include driver salaries. It has been reported that Lewis Hamilton's 2020 contract got him $76m from Mercedes compared to just $15m for his team mate Valtteri Bottas.

Meanwhile Sebastian Vettel took home $57m from Ferrari, Daniel Ricciardo was on $32m from Renault, and Max Verstappen was handed $26m by Red Bull.

Hamilton is yet to sign a contract for 2021 amid reports that Daimler are refusing to pay the driver that sort of money again, especially with George Russell - currently earning just $1.2m at Williams - waiting in the wings to take over at a cut-race price.

A figure of $30m for driver salaries has been mooted, although existing contracts would have to run their course first. "You have to acknowledge that some drivers have short-term contracts that are above budget, acknowledging Charles Leclerc's deal with Ferrari that extends to 2024.

But Brown said there would be problems if the sport tried to extend a salary cap to other team personnel, such as himself or a top talent such as Red Bull chief designer Adrian Newey or motorsports consultant Dr Helmut Marko.

"That was discussed too, and I think the teams agreed that the top three should also be included," Brown revealed.

“[But] I spend a lot more time on the commercial side of my job, which is not part of the budget cap,” Brown explained. “I spend time with the IndyCar series, looking at other types of motorsport.

"And there are other technical employees in this sport who don’t just spend their time with Formula 1," he added. "[Marko] looks after the youth programmes and AlphaTauri too, so how does he fit in?”

“In the 80s and 90s, Frank Williams always had the approach of spending the money on the racing car rather than the driver.

"Other teams wanted to spend the money on drivers because they thought they could make a bigger difference that way.”

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Sainz samples new Madring: ‘You’ve created quite a cocktail’

The Spanish Grand Prix’s future home is still surrounded by construction barriers, deadlines and heavy…

4 hours ago

Ten years on: Marko reveals Horner resisted Verstappen promotion

Helmut Marko has revealed that Max Verstappen’s in-season promotion from Toro Rosso to Red Bull…

6 hours ago

Schumacher and Irvine paint the town red in Monaco

On this day in 1999 in Monaco, a dominant Michael Schumacher secured his 35th career…

7 hours ago

Rosenqvist finds 233 mph magic at Indy on Fast Friday

Sometimes at the Indianapolis Motor Speedway, speed doesn’t build gradually – it arrives like it…

8 hours ago

McLaren powers up: Intel returns to F1 after 20-year hiatus

Nearly two decades after its last high-speed venture in Formula 1, American computing giant Intel…

9 hours ago

Verstappen admits to 'super tough' Nürburgring 24 Hours qualifying

Max Verstappen’s Nürburgring 24 Hours debut is already delivering the kind of storyline only he…

10 hours ago