Formula 1 teams have agreed in principle to a driver salary cap that would come into effect for the 2023 season.
Although the numbers have not been finalised the provisional plan is to restrict driver salaries to $30m for the two drivers combined – which for example could be split at $20m and $10m.
There are also plans to put a cap on the combined salaries of the top three employees, which for most teams typically includes the team principal and technical director.

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