Saturday, Aug 08, 2020 | Last Update : 03:06 PM IST

136th Day Of Lockdown

Maharashtra49026232728117092 Tamil Nadu2850242275754690 Andhra Pradesh2069601204641842 Karnataka164924842322998 Delhi1427231282324082 Uttar Pradesh113378668341981 West Bengal89666630601954 Telangana7525753239601 Bihar7179446294400 Gujarat68855517922604 Assam5549737225132 Rajasthan4941835186763 Odisha4255028698292 Haryana4005433444467 Madhya Pradesh3729827621962 Kerala3170019147103 Jammu and Kashmir2392716218449 Punjab1901512491462 Jharkhand140705199129 Chhatisgarh10109761369 Uttarakhand8008484795 Goa7075511460 Tripura5520367528 Puducherry4147253758 Manipur301818147 Himachal Pradesh2879171013 Nagaland24056594 Arunachal Pradesh179011053 Chandigarh120671520 Meghalaya9173305 Sikkim7832971 Mizoram5022820
  Sports   In Other sports  15 Apr 2020  Renault driver Daniel Ricciardo will take a pay cut

Renault driver Daniel Ricciardo will take a pay cut

REUTERS
Published : Apr 15, 2020, 11:37 am IST
Updated : Apr 15, 2020, 11:37 am IST

However, team boss said Ricciardo’s salary would not be a factor after staff at the Enstone factory in central England has been furloughed

Daniel Ricciardo of Australia. AFP Photo
 Daniel Ricciardo of Australia. AFP Photo

Paris: Daniel Ricciardo will take a pay cut to help Renault through the coronavirus pandemic but talks about his future are already complicated, according to his Formula One team boss Cyril Abiteboul.

The Australian is one of the sport’s highest paid drivers, earning as much as $25 million a year according to media reports.

 

Abiteboul told French newspaper L’Equipe that Ricciardo’s salary would not be a destabilising factor after the French carmaker furloughed most of their F1 staff at the Enstone factory in central England.

“It’s a discussion we’ve already had. Daniel has already confirmed he is willing...I can confirm to you that he will reduce it,” said the Frenchman.

Asked whether the 30-year-old’s wages could pose an image problem, Abiteboul replied: “The problem would have been if he had not accepted the idea.

“We still have to fix the terms but, in principle, I can reassure the Renault group management committee; I do not fear it will destabilise the F1 program.”

 

Ricciardo joined Renault from Red Bull last year with a contract that runs to the end of 2020.

With the Formula One season yet to start, and some fearing this year’s championship may have to be scrapped altogether, Renault could end up having to pay the 30-year-old handsomely for little return.

They may also have to make tough choices when it comes to contract negotiations.

“In a normal season, we would have started work on the matter,” said Abiteboul. “We would have evaluated Daniel’s performance over the first four races and started or not the first discussions.

“We haven’t turned a wheel. We are blind but have to plan,” he added. “We may have to take decisions without the season starting.”

 

Asked whether it was a problem if Ricciardo left, the Frenchman replied: “It would be if I had not seen it coming or anticipated it. That’s why we are having discussions and have a driver academy.”

Formula One’s season-opening race in Melbourne on March 15 was cancelled with the Monaco Grand Prix also subsequently axed. Seven other races have been postponed and more are likely to join the queue for rescheduling.

Formula One has said it hopes to run a reduced calendar of 15-18 races from the European summer.

Tags: daniel ricciardo, renault f1 team, covid 19, pay cuts
Location: France, Île-de-France, Paris