News Details
Ferrari expects ‘quite critical' year for F1 spending
Ferrari says 2020 will be a “critical” year in terms of its own Formula 1 spending and investment as the manufacturer seeks an end to its title drought. Ferrari released its Q4 earnings earlier this week and recorded
strong results across the board, attributing increased sponsorship and
commercial gains mainly down to its Formula 1 activities. Formula 1 is introducing an annual budget cap of $176m from 2021 (on the assumption of there being 22 rounds) but this does not apply to the 2020 season, prompting suggestions that leading teams will invest heavily before any restrictions become governed by the regulations. The cap will not include marketing activites, driver salaries or costs...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
FIA ready to take action over China as more sports...
Motorsport’s governing body, the FIA, says it will evaluate its...
6y ago from MotorsportWeek.com
Ex-team owner Fernandes in hot water over Airbus'...
Former Formula 1 team owner Tony Fernandes has found himself caught up in...
6y ago from MotorsportWeek.com
Ferrari processing sponsorship loss of AMD to Ferrari
Ferrari have lost sponsor AMD to Mercedes, with the computing giant...
6y ago from FormulaSpy.com
Källenius: Mercedes Exit Rumours are Not True
Daimler CEO Ola Kaellenius has hit back at claims Mercedes are set to...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
13h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
1h ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
7h ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
6h ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai brings updates to WRC Rally Croatia, but will...
No description available...
6h ago from Motorsport.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
23h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Liverpool eye long-term attacking solution with move...
Christian Kofane could be on the move during the summer transfer window,...
2h ago from CaughtOffside.com
Arsenal, Chelsea & Man United want one of PL's...
Morgan Rogers has been linked with a move away from Aston Villa at the end...
3h ago from CaughtOffside.com
'Might need someone like him to lean on' - Rio...
Manchester United legend Rio Ferdinand believes Max Dowman will be a key...
3h ago from SportsKeeda.com
Manchester United handed boost as Arsenal ready to...
Manchester United has reportedly been handed a boost in their pursuit of...
3h ago from SportsKeeda.com
Comments
Hottest News
Another Red Bull F1 chief could be about to follow GP out...
A Red Bull F1 chief could also follow Gianpiero... Read More »
2h ago from GPFans.com
F1 champion Lando Norris spotted with model after split...
2025 F1 world champion Lando Norris has been... Read More »
1h ago from GPFans.com
How Gianpiero Lambiase's McLaren move could cause seismic...
With Gianpiero Lambiase confirmed to be making a... Read More »
3h ago from MotorsportWeek.com
