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Ferrari president Marchionne would not welcome F1 budget cap

With rumours that Liberty Media, the new owners of Formula 1, are looking to enforce some kind of budget cap on the sport, Scuderia Ferrari president Sergio Marchionne does not believe that restricting costs would work, especially with factory teams on the grid. Whilst Marchionne understands the need to reduce costs in an expensive sport, he believes limiting the amount a team can spend is not the solution, feeling that progress will be limited as teams will be forced to focus on certain areas of development and overlooking others. 'The interventions there have been up to now, from limitations on the cost of supplying power units to the reduction of wind-tunnel hours, have been totally...
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