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Liberty continues push for budget cap
Jan.22 The proposed budget cap remained a hot topic of conversation at the latest meeting of the strategy group. The first strategy group meeting of 2019 took place last week in Geneva, Italy's La Gazzetta dello Sport and Germany's Auto Motor und Sport report. It was Mattia Binotto's first such meeting as Ferrari boss, and La Gazzetta dello Sport cited a source who said the Italian was more like Stefano Domenicali than the harder Maurizio Arrivabene he replaces. As for the FIA and Liberty Media, they presented their renewed push for a budget cap that will begin in 2021. In the first year, the cap would start at $185 million, reducing to $160m and $135 over the following seasons. Ferrari,...
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