Mar.24 (GMM) Renault drivers Fernando Alonso and Nelson Piquet have agreed to reduce their salaries in reaction to the global recession.
Team boss Flavio Briatore told the Milan magazine 'Chi': "I said to them that a reduction would be appropriate."They understood the situation and we reached an agreement," he explained.Twice world champion Alonso, a 27-year-old Spaniard, is among the highest paid formula one drivers."Also in formula one we feel the (financial) crisis and are needing to reduce costs," Briatore said.