News Details
Marchionne says F1 budget cap won't work
Ferrari president Sergio Marchionne believes a budget cap cannot work in Formula 1, amid reports that the sport's new owner Liberty Media is planning to introduce a spending limit. A recent report by British newspaper The Telegraph said Liberty wanted to explore budget cap plans as a means of closing up the performance gaps in the championship. Read Also: Liberty planning F1 budget cap - report Teams like Ferrari and Red Bull had threatened to quit the sport over plans to introduce a £40 million cap back in 2009. While Marchionne says he accepts F1 should work to reduce costs, he reckons a budget cap will never work. "The interventions there have been up to now, from limitations on...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Liberty planning F1 budget cap - report
Incoming Formula 1 owner Liberty Media is reported to be evaluating plans...
9y ago from Motorsport.com
Haas stuck to budget in rookie season
– Haas team boss Guenther Steiner says that the squad's alternate...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Honda stuck at "similar potential" to 2025...
No description available...
18h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
21h ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
13h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
1d ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
You’re in the queue
Morning all, Andrew M is out of action today, so I’m on cover duty for...
38m ago from Arseblog.com
Martin Odegaard warned his place in starting XI no...
Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
1h ago from CaughtOffside.com
Sources: Man City and Arsenal lead race for English...
Jack Hinshelwood’s rise at Brighton & Hove Albion has been one of the...
1h ago from CaughtOffside.com
Watch: Tottenham fans will love what Archie Gray was...
While the 4-1 scoreline in the North London Derby left Tottenham Hotspur...
9h ago from CaughtOffside.com
Comments
Hottest News
'I'm proud of my heritage' - meet Britain's youngest F1...
Arvid Lindblad tells BBC Sport about being shaped... Read More »
58m ago from BBC.co.uk
Do 2026 regulations contradict the philosophy of Formula 1?
While we wait to go racing in 2026, there is one... Read More »
38m ago from GrandPrix247.com
F1 News Today: Lewis Hamilton could be without genius...
Lewis Hamilton and Charles Leclerc could be... Read More »
1h ago from GPFans.com
