A proposed cap on Formula One driver salaries is under discussion but still some way away, although teams are supportive of the idea, bosses said on Friday.
The idea has been bubbling away for some time and was put forward last Monday in a virtual meeting of the Formula One commission.
It proposes a $30 million cap for teams to pay drivers, starting from 2023. They can spend more but the excess will come out of what will be a $135 million annual budget cap for all teams by 2023.
The budget cap, to be introduced next year at $145 million before dropping to $140 million for 2022, does not include driver salaries.