Oct.29 - Formula 1 looks set to impose a salary cap for Formula 1 drivers. The Daily Mail and other sources report that teams will only be allowed to spend $30 million on drivers from 2023. The teams reportedly voted unanimously for the measure in Monday's key meeting in Portimao, during which the reverse grid.....check out full post »
Full ArticleTeams agree to $30m driver salary cap
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F1 teams agree in principle to 2023 driver salary cap of $30m
Formula 1 teams have agreed in principle to a driver salary cap that would come into effect for the 2023 season
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