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Binotto suggests multiple budget caps for teams
Ferrari principal Mattia Binotto believes Formula 1 should consider setting different budget caps for the ten teams competing. While the new regulations have been delayed until at least 2022, the budget cap will still come in from 2021 as planned. But its $175m (£143m) limit could be reduced even further with teams fearing for their futures as the COVID-19 pandemic continues to ravage the 2020 schedule. McLaren Racing CEO Zak Brown has said that teams could leave F1 if the situation isn't handled correctly. Binotto thinks it's important though to remember that not all the teams are the same when it comes to their financial needs, and perhaps that should be reflected by setting different...
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4y ago from PlanetF1.com
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