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F1 budget cap 'will eventually make sense' - Ferrari
New Ferrari CEO Louis Camilleri has said a budget cap in Formula 1 would 'eventually make sense', marking a major turn around in the Italian squad's stance on the subject. Under the leadership of the late Sergio Marchionne, Ferrari was staunchly against the idea of a budget cap, with Marchionne even threatening to quit the sport if the proposal was pushed through. Camilleri, who took over the top position following Marchionne's sudden passing, told investors during a conference call on Monday that a budget cap could make sense so long as it's well thought through. 'I think there’s been progress on the technical specifications, but in terms of the budget cap and...
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6y ago from MotorsportWeek.com
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