News Details

Arrivabene: F1's finances going in the wrong direction

Ferrari team principal Maurizio Arrivabene has claimed that the Formula One costs are increasing instead of decreasing. Liberty Media are expected to introduce a budget cap for the 2021 season; in an attempt to try and make the sport a more competitive one. There are big names in the paddock who have warned F1's owners that time is running out regarding the changes, but Arrivabene has called for patience for the changes to be made. "Time is quite tight, you know better than me," the Ferrari team principal admitted to GrandPrix247. "So we need to move quickly - but in the meantime we need to avoid any move that could damage our company. "I'm talking about Ferrari as...
Full Story »
6y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Arrivabene: F1 costs are increasing instead of...

Ferrari team principal Maurizio Arrivabene has called for patience and...
6y ago from GrandPrix247.com

‘Own goals' cost Ferrari F1 title says Webber

Sebastian Vettel Former Formula 1 driver Mark Webber believes a...
6y ago from SpeedCafe.com

Mister-X: Arrivabene and Binotto need one another

Interestingly, other than in Italy, media are all but ignoring the...
6y ago from GrandPrix247.com

Red Bull extend TAG Heuer sponsorship until 2021

Red Bull has extended its sponsorship by the Swiss watch manufacturer TAG...

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir will ‘go to bed satisfied' after...

Joan Mir admitted that he will "go to bed satisfied" after...
51m ago from MotorsportWeek.c...

WorldSBK champion Toprak Razgatlioglu switches to...

After years of speculation, two-time WorldSBK champion Toprak...
23h ago from MotorsportWeek.c...

Pedro Acosta admits fourth at Aragon MotoGP ‘not...

Despite matching his best result of the 2025 MotoGP season, Pedro Acosta...

Popular On IndyCarToday.com

Louis Foster gains new sponsor for rest of IndyCar...

Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
17h ago from MotorsportWeek.c...

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

No offers received for Gyokeres, says Sporting...

Sporting have not received any offers for Viktor Gyokeres and the striker...
41m ago from SkySports.com

Arsenal boss Mikel Arteta believes Real Madrid man...

Arsenal manager Mikel Arteta believes that Real Madrid forward Rodrygo...
2h ago from SportsKeeda.com

Report: Premier League club sets asking price for...

Nottingham Forest attacker Anthony Elanga has been linked with a move away...
3h ago from CaughtOffside.com

Initial contacts made: Arsenal ready to submit offer...

Real Madrid attacker Rodrygo Goes has been linked with a move away from...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.