{"id":2990,"date":"2023-10-20T09:55:27","date_gmt":"2023-10-20T06:55:27","guid":{"rendered":"https:\/\/wikidollar.net\/2990\/f1-drivers-stunned-after-maximum\/"},"modified":"2023-10-20T09:55:28","modified_gmt":"2023-10-20T06:55:28","slug":"f1-drivers-stunned-after-maximum","status":"publish","type":"post","link":"https:\/\/wikidollar.net\/?p=2990","title":{"rendered":"F1 drivers stunned after maximum fines quadrupled to \u20ac1 million"},"content":{"rendered":"<p>F1 drivers stunned after maximum fines quadrupled to \u20ac1 million\u060c<\/p>\n<div>\n<p>Formula 1 drivers expressed their shock and astonishment on Thursday after the sport&#8217;s governing body quadrupled the amount stewards can fine them to a maximum of one million euros (1.06 million bucks).<\/p>\n<p>The change to the International Sporting Code (ISC) was approved at a meeting of the FIA \u200b\u200bWorld Motor Sport Council in Geneva.<\/p>\n<p>The previous ceiling of 250,000 euros has not been reviewed or modified for at least 12 years &#8220;and does not reflect the current needs of motorsport&#8221;, specifies the press release.<\/p>\n<p>Mercedes&#8217; George Russell, head of the Grand Prix Drivers&#8217; Association (GPDA), said the new maximum &#8220;seems obscene&#8221;.<\/p>\n<p>\u201cIn my first year in Formula 1 (at Williams), I had a five-figure salary and I actually lost over six figures paying my coach, paying my flights, paying an assistant,\u201d he said. he told reporters at the <a class=\"wpil_keyword_link\" href=\"https:\/\/wikidollar.net\/tag\/united\/\"   title=\"United\" data-wpil-keyword-link=\"linked\">United<\/a> States Grand Prix.  Price.<\/p>\n<p>Ferrari&#8217;s Charles Leclerc said he had no idea what might merit a $1 million penalty and Haas driver Kevin Magnussen, whose team has one of the smallest budgets, said how ridiculous it seemed.<\/p>\n<p>\u201cCharles can give his watch but I would disappear never to be found again,\u201d added the Dane.<\/p>\n<p>Leclerc had an exclusive Richard Mille watch, valued at more than $2 million, stolen from his wrist in Italy last year.<\/p>\n<aside class=\"inline inline-photo full\">\n<figure><picture><source data- media=\"(min-width: 376px)\"><source data- media=\"(max-width: 375px)\"><img class=\" lazyload lazyload\" data-image-container=\".inline-photo\" height=\"320\" width=\"570\"\/><\/source><\/source><\/picture><figcaption class=\"photoCaption\">Formula 1&#8217;s governing body is reviewing the punishment handed out to Lewis Hamilton for crossing a live track without permission during the Qatar Grand Prix. <cite>Dan Istitene \u2013 Formula 1\/Formula 1 via Getty Images<\/cite><\/figcaption><\/figure>\n<\/aside>\n<p>Mercedes&#8217; seven-time world champion Lewis Hamilton, who was fined $50,000 in Qatar two weekends ago for driving through a live track in an incident the FIA \u200b\u200bis looking into, said that it was the first time he had heard of it.<\/p>\n<p>&#8220;If they have to impose a fine of one million, let&#8217;s make sure that 100% of that sum goes to a cause,&#8221; added the Briton, whose latest contract will bring him 50 million pounds sterling (60.71 million dollars) per year.<\/p>\n<p>&#8220;There&#8217;s a lot of money in this whole industry and we need to do a lot more to create better accessibility, better diversity, more opportunities for people who wouldn&#8217;t normally have the chance to get into a sport like this one.<\/p>\n<p>&#8220;So many causes around the world. So, yeah. This is the only way they can get this million from me.&#8221;<\/p>\n<p>Max Verstappen, now a three-time world champion, was fined \u20ac50,000 in 2021 for touching the rear wing of Hamilton&#8217;s car after qualifying for the Brazilian Grand Prix.<\/p>\n<p>\u201cIf touching a rear wing is 50 km, then I would like to know what a windmill is,\u201d said the Red Bull driver.<\/p>\n<p>Formula 1 has seen some of the heaviest fines of any sport, with McLaren fined $100 million and stripped of constructor points during a 2007 spying controversy involving information about Ferrari.<\/p>\n<p>The British team ultimately paid half that amount after the fine was reduced by the loss of revenue from withdrawing their points.<\/p>\n<p>Red Bull was fined $7 million last year for exceeding the sport&#8217;s 2021 cost cap.<\/p>\n<p>&#8220;We just want transparency and understanding. I think the fines are already getting out of hand,&#8221; Russell said.<\/p>\n<p>\u201cIt\u2019s as if these numbers came out of nowhere.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>F1 drivers stunned after maximum fines quadrupled to \u20ac1 million\u060c Formula 1 drivers expressed their shock and astonishment on Thursday after the sport&#8217;s governing body quadrupled the amount stewards can fine them to a maximum of one million euros (1.06 million bucks). The change to the International Sporting Code (ISC) was approved at a meeting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2991,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[2614,2929,2928,1727,2930,2927],"class_list":["post-2990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-sports","tag-drivers","tag-fines","tag-maximum","tag-million","tag-quadrupled","tag-stunned"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/2990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2990"}],"version-history":[{"count":1,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/2990\/revisions"}],"predecessor-version":[{"id":2992,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/2990\/revisions\/2992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/media\/2991"}],"wp:attachment":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}