A fresh take on sports: the biggest news and most entertaining lists. Well, the fact that they aren’t racing, obviously. Then you also agree that it’s money well spent, so don’t complain about how much they earn. Most of the driver’s contracts will have win, podium & championship bonuses, which I’d expect would take Bottas above the $10m mark. Although for both of them we still need to see how they hold up under the pressure of a WDC campaign rather than “shining” for a single race here and there. While we may be interested, not really our business. Really? Drinking champagne in a moored yacht in isolation does take its toll. The objective of the system is to force some equalization on performance across the league. The B.A.T. You, the_grouch and Lewis. For instance Ferrari dumped hundreds of millions into developing their car and engine and Vettel simply threw it all away in 2017 and 2018 with a multitude of driver errors. They take part in the real thing so I can’t see why they would every be here or need to look up news about it. Empathy is not something that has to be learnt through experience, empathy is something we should have naturally and is disappointing that we as a human race cannot grasp that or relate to something unless we experience that hard ship oursolves. Thanks. Maybe we are just too close to March 32nd. And yet, that is the difference between Hamilton’s $40 million per ear and Bottas’s $8 million per year. Not saying that I like the concept (I don’t) or that they are perfect or should even be held up as model organizations, just that much can be gleaned from their past experience. The founding member of the band Rolling Stone, Keith Richards is an English guitarist, singer and song-writer. K Mag is only on circa 1/3 of what you have as well. Be nice to see a table of what pay drivers are contributing to teams. Just no. If you put away all the effort it takes to remain a champion over 4 years, Bolt only technically runs for 9.6 seconds, right? It’s a legitimate question, I think. Racing Point Lance Stroll $3m “Hey dad! It's a car that's every bit as special to drive as a 250 but for a fraction of the price. Examples have sold for anywhere between $2m and $10m, depending on condition, prestige and mileage. It was the poster car for many children through the late '80s and '90s. It is easy to criticize it now. Stephen Crowsen (@drycrust) 31st March 2020, 4:56. The difference in salary is a factor in how the team mates view each other, and that affects the racing. Consider the fraction of Hamilton’s yearly salary that Bottas gets, and Bottas still gets some wins, the disparity between those two drivers, on the same team, is quite ridiculous. @f1osaurus what does the pandemic have to do with F1 salaries? Well, that doesn’t apply to F1. It seems to be a self-balancing system as it exists today. The septet released two films with limited screenings: Love Yourself in Seoul ’s one-day event grossed $11.7 million worldwide, while Bring the Soul: The Movie brought in $24.3 million … Why the constant comparison to NFL, a US only game of catch? Trayambak Chakravarty (@major-dev) 30th March 2020, 16:49, It seems like Bottas is severely underpaid (relatively). Saying they are getting paid for a “…couple hours of sweat time…” is beyond insulting. 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Can I have a million dollars?” :-), NS Biker (@rekibsn) 30th March 2020, 16:48. Who cares how much the drivers earn anyway? Agreed. He sold it for US$6.6 million last week. But I also get Done of Dieter’s points, the driver salary is such a disproportionate amount that it ought to be considered in cost cutting discussions. On the other hand, if the driver’s pay is outside the cost cap then one way a team might increase the amount they can spend on a car is to bill the driver for various items that you’d expect them to pay for. In order to try and get a better perspective. If the top teams want to throw money at them, let them; that is not what is holding the smaller teams back. @rekibsn: NFL stable, sure… NHL, not so much. Getting all of the profits and none of the risks is immoral. Absolutely, the driver is part of the team. @exediron No it’s not. • if every driver is paid the same it will be a battle for the midfield to secure “a potential winning driver” for the next year •after a driver wins the world championship they risk being dropped the next season if they drop a few places •who will push or take risks to win if the risks put your career at risk In an ideal world the budget cap will only highlight the worth of the drivers pay gaps. The hip hop trio’s July 2020 malpractice suit … It's an all-round iconic car and one that made Lamborghini into the brand that it is today. Most million-dollar Italian cars are '50s or '60s swooping berlinettas, so it's great to see that more varied models are starting to get recognition too. But payment for an ad should be per ad, not part of their fixed salary. As well as being incredibly fast, the Miura also cemented its place in pop culture. concept cars made headlines in 2020 when they sold for nearly $15m, making them one of the most expensive auction lots of the year. I dont think drivers salaries should be included in the budget cap! as Max at the time. So I don’t think its needed for the smaller teams either. Because I can guarantee you would not devote all what you need to become good at any sport and expect minimum wage. The Maserati Tipo 60/61 has a legendary racing pedigree, being one of the most famous '60s Le Mans cars despite never winning. The answer is, no he didn’t. F1oSaurus (@f1osaurus) 31st March 2020, 16:11. “justify an annual income of $50m for a couple of hours of sweat time on 22 Sunday and the odd marketing commitment? £1m for the Williams pair is generous considering the dire straits the team is in currently. Certainly, in the case of the 250 GTO, it seems that yes, those numbers will just keep climbing higher and higher for no real reason. I think drivers have better things to do than read articles guessing their salaries. Jimmi Cynic (@jimmi-cynic) 30th March 2020, 20:53. $1M is way to low, I agree with focusing more on race placements maybe to control salaries, but a base salary I think is a must. In particular, a number of injured players have noted that they now have a weird and rather uncertain future, because those players are now a useful financial asset for those teams at the bottom of the league that do seem to be more towards the financial exploitation that Jimmi Cynic notes. F1 engineers and designers also earn a lot of money. You’re the one paying them. Big numbers, yes, but it doesn’t seem unwarranted, and it has rightly been kept outside the cost cap (maybe we should call it the “technological cost cap”? Built for Ferrari's 40th anniversary, it's considered by many among the greatest Ferraris ever built. F1 revenues fell by $877 million in Covid-struck 2020 season; Hamilton and Mercedes finally announce new deal for 2021 season; F1 audience figures “strong” in 2020 despite dip in television viewers; 2020 F1 driver rankings #1: Lewis Hamilton; 2020 F1 driver rankings #2: Max Verstappen; Browse all 2020 F1 season articles So yes these drivers deserve every penny and maybe more, because none of these drivers should risking their lives for your amusement without being properly compensated. The car took inspiration from the Jet Age design language of the time, with its curved body and tapered lines making for a strikingly unique look. ), ajpennypacker (@ajpennypacker) 30th March 2020, 16:04. Jeffrey (@jeffreyj) 30th March 2020, 17:04. That’s why team owners can limit players earnings. It’s been known for a while that the drivers at RBR get bigger bonuses for the amount of podiums/wins they achieve each season which makes up for the short fall. How do you feel about Phelps or Usain Bolt swimming/running every 4 years? Operating Income: GAAP operating income for 2020 was $96.7 million compared to $72.3 million for 2019. That applies to all sports and yes it all comes down to few moments of competition. Hulk apparently priced himself out of the market (or whatever there was left of it in 2019) so he would have been earning more than Grosjean which is another reason why Haas retained its drivers. Concept cars of this magnitude very rarely come up for public auction, so that alone makes them worthy of a high price tag. The answer is still, it depends. The car was powered by a 2.9L racing V8 engine, and featured bare-bones construction to keep it weighing just under 3,000lb. He then formed his own company, and began making cars that were clearly designed in the same vein as the 250 models but are comparatively much cheaper to buy today. Perhaps they can negotiate a drop in salary, but how is this Dieter’s problem? by Associated Press Published Mar. The NFL and NHL are two examples of very large, financially stable and wealthy sports franchises that have endorsed the salary cap or Budget Cap concept. But, most examples that haven't been crashed or abused sit just over that figure. Get dropped from American Football and it’s game over. Jimmi Cynic (@jimmi-cynic) 30th March 2020, 20:55. Get your info in some other manner. 2. And Vettel…I’m sure it seemed the right thing to do for the Malboro Man (I forgot his name) and Marcchione. They're unlike anything Alfa ever built at production level, and with modern computer simulations there's no need for anything like them again. Those drivers are paid as much as they are because fans are willing to pay for subscriptions, tickets, merchandise, etc. Post was not sent - check your email addresses! Also why do athletes salaries always get compared to other persons salaries, they are not equal, I don’t see anyone telling CEOs or entrepreneurs that they should not be getting paid that much and they should hand over their money to teachers or the president. Should F1 drivers take their full salaries when they’re going to be racing in (at most) 60% of the races that were expected when they signed for those terms? Most don't survive today due to racing accidents and a strange period where the manufacturer secretly crushed a number of its cars. Regarding the question about “salary caps” for F1 drivers, as crazy as salaries are around the world for athletes in all sports, there is no justifiable reason to “cap” salaries in any sport. Max has champion status already, at least by the number on his contract. HAM 40 VET 30 VER 25 RIC 20 LEC 10 BOT 8 PER 8 GRO 7 RAI 5 MAG 5 OCO 5, Leclerc is sure the MVP – best bang for the buck. The obvious, and simple, answer is, yes. Not capped. For me, the more complicated question is, how much more should the more “winning” driver be paid over the other driver? Michael (@freelittlebirds) 4th November 2020, 18:31. Fast forward, the 19-year-old entrepreneur has since transformed his childhood dream into a million dollar business, with 5,000 to 10,000 freshly baked goods now sold every week. Given that only 15 were ever made, that number is likely to increase whenever examples are listed in the future. He would be wise to remember he has a job because of these drivers. His response was something like “Hell Yes, because he is the best.” In the major North American sports with salary caps, NFL, NHL for two, teams have to balance salaries, offensive/defensive skills, longevity and position requirements. Doubled his previous RBR deal, without any title to back it up. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more To reduce this to a few hours an Sunday is an insult. The moment salaries are reduced in sports, racing and all these things revert to slavery. $40 mil for Hamilton and only $8 mil for Bottas. With those kinds of numbers, it's easy to write these cars off as simply overvalued; just expensive toys that collectors will pay unlimited sums of money for. Watch something else. The sale of a Delta S4 Stradale in 2019 marked the first time that a Lancia had sold for more than $1 million. Nevertheless, more models than ever now sell for over $1,000,000, with a Ferrari 250 GTO recently selling for $48.4 million. Learn your place. Maybe only under RAI terms: I do what I want and I don’t go to press meetings…. Sometimes, though, a car really deserves its million-dollar price tag. Can you say it about PM? The Delta S4 Stradale is homologation version of the unhinged Group B rally car. But in the current situation, they (like all sporting stars on large contracts) should be willing to take a temporary cut. This amounts to an increase of 667.9 million (or 47.8 percentage points). F1 will not be following NFL. 17-year-old shocked when she learned she was offered more than $1 million in college scholarships CNN Teacher, student team up to create children's book honoring senior community It's a completely unique machine and one that modern safety regulations would never allow anyone to build again, so it's worth at least its auction sale price. Ocon isn’t worth $250k and Renault are tight so no way they’d be stupid enough to pay $5m.
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