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Ferrari not commenting on $150m budget cap
Ferrari was silent after Liberty Media announced in Bahrain that it is pressing ahead with new engine rules and a budget cap for 2021. Earlier, president Sergio Marchionne – who was not present for Friday's key meeting – had warned that changes like those might result in Ferrari quitting the sport. And amid rumours Liberty's budget ceiling will be $150 million per team, Mercedes team boss Toto Wolff agreed that a number like that would be 'unworkable'. Mercedes team chairman Niki Lauda agreed: 'It would mean cutting many jobs, which is something we can't do in such a short time.' A Ferrari spokesperson in Bahrain said the Maranello based team has no comment. Struggling former...
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6y ago from ThisIsF1.com
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