Ricciardo will take a pay cut, says Abiteboul [Reuters]
RENAULT SA UNSP/ADR (RNLSY)
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Source: Reuters
Ricciardo will take a pay cut, says Abiteboul PARIS (Reuters) - 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
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