As discussions over the proposed cap on driver salaries continue, it is understood that a $30m limit is to be agreed. read more »

Mercedes may have offered double salaries to persuade staff to stay, but Red Bull put "lottery number pay cheques" into the mix. read more »

McLaren Racing CEO Zak Brown has declared F1 "must" alter the budget cap to include driver salaries to truly 'level the playing field'. read more »

Last year, F1 teams agreed to slash the championship's planned cost cap from $175million to $145million starting in 2021, followed by a further $5million year-on-year... read more »

McLaren CEO Zak Brown has revealed he would have made driver salaries a part of the new Formula 1 budget cap after the idea of a separate salary cap was floated. read more »

The drivers are the "stars" of Formula 1 and should be rewarded, not capped, that's according to Lewis Hamilton. read more »

Any proposed cap on the salaries of Formula One drivers should be careful not to hold back the sport's top talent, newly crowned seven-times champion Lewis Hamilton said... read more »

Lewis Hamilton believes all Formula 1 drivers deserve to be paid big money for what they bring to the sport despite revealing he is "not opposed" to a salary cap. read more »

If agreed upon, F1 will introduce a new salary cap for the teams, starting in 2023. We take a look at how these new changes will impact driver's salaries and the way teams... read more »

A proposed cap on Formula One driver salaries is under discussion but still some way away, although teams are supportive of the idea, bosses said on Friday. read more »

Formula 1 is poised to introduce salary caps in 2023 as part of the wider cost saving measures being implemented in the coming seasons. The exact number has not yet been... read more »

Teams have agreed in principal to the introduction of a $30m cap on drivers salaries to be introduced in 2023. read more »

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbishes suggestions it could force superstar drivers to look elsewhere. read more »

Team bosses believe that as "performance differentiators", drivers salaries should be included in the $145m cap. read more »

Flavio Briatore has said he would have fined the Ferrari drivers 5-10% of their salaries for causing the collision at the Styria Grand Prix. read more »

Haas team principal Guenther Steiner sees no reason why driver salaries could not be incorporated into the Formula 1 budget cap in future years. read more »

Formula 1's Managing Director of Motorsports Ross Brawn says he feared the championship would have lost manufacturers had a budget cap not been introduced. Formula 1... read more »

Bernie Ecclestone believes the days of any driver on the grid having a mega millions €50m salary are "over". read more »

Renault Formula 1 chief Cyril Abiteboul says Formula 1 is debating whether to add drivers' salaries to future budget caps. read more »

"He who is smartest, wins, whereas now it is he who spends the most wins," says Zak Brown as he calls for engine costs and driver salaries to be included in the... read more »

Renault Formula 1 chief Cyril Abiteboul says there needs to be greater "rationale" from teams over driver salaries amid ongoing talks about making the sport more... read more »

McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed to take a pay cut during the current Coronavirus situation, as the McLaren team has taken steps to... read more »

Lewis Hamilton is once again the best paid Formula 1 driver on the grid, still within his mega contract that was agreed until the conclusion of the 2020 campaign. read more »

McLaren's Zak Brown believes that driver salaries should have been included in the budget cap being introduced in 2021. read more »

Zak Brown would have liked to see drivers' salaries include in the 2021 budget cap as that would force team to weigh up the car versus the driver. read more »