Stewart: Ralf needs a pay cut

According to triple world champion Sir Jackie Stewart, Ralf Schumacher may have to take a pay cut if he wants to stay in Formula 1 next season and beyond.

Currently, there is a lot of speculation as to Schumacher’s future with many believing Toyota are ready to give him the boot. His future was not helped on Wednesday when Tadashi Yamashina, the boss at Toyota, urged Schumacher to improve his form.

“In the end the market will decide whether he can still find a place,” Stewart explained. “If he can find a team that wants him and he is ready to accept a different financial situation, then I can imagine him still here. But the time in which he makes as much money as he has done in the past, I think, is passed.”