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Binotto: Maybe the answer is not a single budget cap

Formula 1 has to consider the 'different situations' some teams find themselves in before rushing into the 'emotional' decision of an across-the-board reduction in the incoming budget cap, says Ferrari boss Mattia Binotto. Following from reports earlier in the week that the big-three teams — Ferrari, Mercedes and Red Bull — were unwilling to agree to a further move the cap number below the $150 million (down from $175 million) already agreed, Binotto has explained just exactly why his outfit is opposed. 'We are discussing a budget-cap reduction but we should not forget in doing that exercise that we've got different structures, and different assets,' he told Sky Sports F1....
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4y ago from GrandPrix247.com 0
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