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Mattia Binotto warns of no solution to ‘tricky’ salary cap issue

Mattia Binotto warns of no solution to ‘tricky’ salary cap issue

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Mattia Binotto has warned that the issue of a salary cap in Formula 1 is “tricky” and that there is no solution currently.

Despite a budget cap being introduced last year, drivers’ salaries are not part of that limit but there has been growing discussion of whether there should be a ceiling as to how much the drivers can earn.

Expectedly, it has proved a polarising issue. Earlier this month, reigning World Champion Max Verstappen blasted the idea as “‘completely wrong” while McLaren’s Lando Norris agreed with the Dutchman and suggested such a cap would have a negative impact on the sport’s junior drivers.

Ferrari boss Binotto did not say whether he agreed with the cap or not but did warn that is was a “tricky” issue and one that currently no one had a solution for.

“It’s one of the points that needs to be discussed and looked at,” Binotto said during the press conference ahead of the Canadian Grand Prix.

“Because we need to promote young generations and…

Read Full Article on Planet F1

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