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 »
5y 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...
5y ago from GrandPrix247.com

‘Own goals' cost Ferrari F1 title says Webber

Sebastian Vettel Former Formula 1 driver Mark Webber believes a...
5y ago from SpeedCafe.com

Mister-X: Arrivabene and Binotto need one another

Interestingly, other than in Italy, media are all but ignoring the...
5y 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

Popular On IndyCarToday.com

Penske purchases Grand Prix Association of Long Beach

Penske Entertainment announced Thursday that it has acquired the Grand...
19h ago from MotorsportWeek.c...

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Popular On TotalWRC.com

Popular On GunnersToday.com

Collymore's Column: Is Pep still the man for City,...

In his exclusive column for CaughtOffside, former Aston Villa attacker...
27m ago from CaughtOffside.com

Man United a serious option for two-time Premier...

Bayern Munich winger Leroy Sane has been linked with a move away from the...
37m ago from CaughtOffside.com

Man United confident of landing Arsenal and Liverpool...

Manchester United are confident of signing the Rosenborg midfielder Sverre...
1h ago from CaughtOffside.com

Arsenal ace most likely to seal January exit,...

Arsenal defender Jakub Kiwior has been linked with a move away from the...
2h 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.