close global

Welcome to GPFans

CHOOSE YOUR COUNTRY

  • NL
  • GB
  • GB

Are you a F1 Fan? Follow GP Fans

Edition

NL GB IT ES-MX US

Reports: Ferrari to offer Vettel a reduced wage one year deal

Photo: © LAT Images

Reports: Ferrari to offer Vettel a reduced wage one year deal

Italian media speculate on new Vettel-Ferrari deal

Google Make us your Google favorite

Italian media have begun to speculate over the future of Sebastian Vettel at Ferrari, with some reports suggesting that the German will need to take a significant pay cut if he is to retain his seat at the Scuderia.

Unquestionably the team leader at Ferrari when negotiating his previous contract extension in 2017, teammate Charles Leclerc is now viewed as the future of Ferrari and, as well as accepting a reduced standing within the team, Vettel may need to take a considerable pay cut.

Sky Sports Italia reported, "The situation is different and the offer put on the table by Ferrari, which has offered Vettel the renewal for a single year at a much lower figure than that which the German has perceived since he was in Maranello."

Despite these reports, it is highly unlikely that discussions surrounding a new contract will be taking place at the present moment. The Ferrari factory is in shutdown, and contact between the team and the drivers will be minimal.

However, the situation outlined by Sky Sports Italia is one that will likely come to pass. Rumours have already linked Vettel with a move to either McLaren and Renault while various names have been mentioned in relationship to taking his seat at Ferrari.

Related

More F1 news

Latest F1 news

Why a Max Verstappen gap year is now back on the F1 silly season table

Why a Max Verstappen gap year is now back on the F1 silly season table

  • 16 minutes ago
Adrian Newey makes Red Bull return to launch one last rocket ship

Adrian Newey makes Red Bull return to launch one last rocket ship

  • 1 hour ago
FIA chief issues statement on Christian Horner F1 return

FIA chief issues statement on Christian Horner F1 return

  • 2 hours ago
Decoding Newey: 'Difficult to work with', 'seriously demanding' and F1's greatest genius

Decoding Newey: 'Difficult to work with', 'seriously demanding' and F1's greatest genius

  • 3 hours ago
Max Verstappen lands in England as Red Bull exit rumours grow

Max Verstappen lands in England as Red Bull exit rumours grow

  • Today 16:00
F1 News Today: Verstappen vs Red Bull at 'boiling point' as Horner talks revealed

F1 News Today: Verstappen vs Red Bull at 'boiling point' as Horner talks revealed

  • Today 15:25

Just in

21:00
Why a Max Verstappen gap year is now back on the F1 silly season table
19:42
Adrian Newey makes Red Bull return to launch one last rocket ship
18:45
FIA chief issues statement on Christian Horner F1 return
17:30
Decoding Newey: 'Difficult to work with', 'seriously demanding' and F1's greatest genius
16:00
Max Verstappen lands in England as Red Bull exit rumours grow
F1 news

Recommended by the editors

Decoding Newey: 'Difficult to work with', 'seriously demanding' and F1's greatest genius F1 News & Gossip

Decoding Newey: 'Difficult to work with', 'seriously demanding' and F1's greatest genius

3 hours ago
F1 insider believes there's no going back for Max Verstappen after 'breach of trust' at Red Bull Max Verstappen

F1 insider believes there's no going back for Max Verstappen after 'breach of trust' at Red Bull

Today 14:59
Max Verstappen vs Red Bull and the ticking timebomb that threatens a messy divorce Max Verstappen

Max Verstappen vs Red Bull and the ticking timebomb that threatens a messy divorce

Today 11:00
Max Verstappen reveals talks with Christian Horner after F1 exit Latest F1 News

Max Verstappen reveals talks with Christian Horner after F1 exit

Today 08:59
Ontdek het op Google Play
x