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

Las Vegas GP: Thursday's action in pictures

The opening day of running at the Las Vegas GP was a smooth but chilly…

1 hour ago

Williams' headaches persist into Vegas practice

Williams is continuing to fight uphill battles this weekend in Las Vegas as a knock-on…

2 hours ago

Ferrari's Sainz 'not satisfied with where we are' in Vegas

It was a solid start to the Las Vegas weekend for Ferrari with Carlos Sainz…

3 hours ago

Norris labels McLaren long-run pace ‘shocking’ in chilly Vegas

Lando Norris didn’t hold back in his assessment of McLaren’s performance on the opening day…

5 hours ago

Hamilton delighted with ‘consistently strong day’ in Vegas

Lewis Hamilton was particularly happy with his opening day of running at the Las Vegas…

6 hours ago

Verstappen stuck with 'draggy' rear wing for Vegas

Red Bull fears that its prospects for this weekend's Las Vegas Grand Prix - which…

7 hours ago