F1 crisis to impact driver salaries E-mail
Dec.18 (GMM)  F1's high-earning race drivers will not be able to avoid the impact of the financial crisis, according to leading team bosses.

Amid the global economic downturn, and Honda's withdrawal from the sport, the teams and the FIA agreed a radical raft of cost-cutting measures that should slash current annual budgets in half by 2010.

Mercedes' Norbert Haug admitted earlier this week that possible cuts in the drivers' wages will be handled internally in compliance with market forces.

Stefano Domenicali tells the Italian magazine Autosprint: "I feel in the current climate the big teams won't have the ability any more to think of offering certain amounts of money that some drivers get.

"So discussions can be held on this issue," the Ferrari team principal said.

The brunt of the global crisis struck late in 2008, after Kimi Raikkonen for example agreed a new contract believed to be in excess of $30m per season.

Domenicali said: "Anything can be modified in life.  The important thing is wanting to do it.

"I'm convinced this issue will soon be discussed among all the teams and with every driver."
 

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2010 Calendar

RaceGrand Prix Date
1Bahrain GP 14 March
2Australian GP 28 March
3Malaysian GP 4 April
4Chinese GP 18 April
5Spanish GP 9 May
6Monaco GP 16 May
7Turkish GP 30 May
8Canadian GP 13 June
9European GP 27 June
10British GP11 July
11German GP 25 July
12Hungarian GP 1 August
13Belgian GP 29 August
14Italian GP 12 September
15Singapore GP 26 September
16Japanese GP 3 October
17Korean GP 17 October
18Abu Dhabi GP 31 October
19Brazilian GP 14 November
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