Sydney/Xinhua/UNI: Australian F1 driver Daniel Ricciardo will take a cut to his multi-million dollar salary in order to help his team, Renault weather the COVID-19 pandemic, French newspaper L'Equipe reported on Wednesday.
Ricciardo is among the world's highest paid sportspeople, with a reported annual salary of 25 million US dollars.
Renault's F1 boss, Cyril Abiteboul, told the paper that the 30-year-old has agreed to take a pay cut, with negotiation of his contract due for 2020 regardless since switching from Red Bull the year before.
F1's season-opening race in Melbourne, scheduled for March 15, was cancelled at the last minute with the Monaco Grand Prix also subsequently axed.
Image: Wikimedia Commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
