News Details
Ferrari issue F1 quit threat over 'demanding' budget cap
Ferrari team principal Mattia Binotto has warned that the manufacturer will have to consider whether to remain in Formula 1 or not if the $145 million budget cap were to decrease further. With nine races postponed or cancelled to date, Formula 1 teams and officials have been considering ways to cut future costs, but Binotto says that the differing situations between teams mean there is no universally satisfying solution. Article continues under video “F1, we have all sorts of teams with different characteristics,” Binotto told The Guardian. “They operate in different countries, under different legislation and with their own ways of working. Therefore it is not simple and...
Full Story »
Full Story »
4y ago from GPFans.com
0
You May Also Be Interested In...
Constructive' discussion but still no decision on...
Just before Easter, the F1 summit came together to discuss lowering the...
4y ago from GPBlog.com
Horner during budget cap discussions: 'Always teams...
Last year, the budget cap was set at $175 million a year for a Formula 1...
4y ago from GPBlog.com
Binotto: Ferrari could leave Formula 1 over lower cost...
Ferrari would consider leaving Formula 1 if the impending cost cap...
4y ago from GrandPrix247.com
Formula 1 making progress on cost cap but not there yet
Formula 1 has advanced further on its efforts to define an appropriate...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
6h ago from MotorsportWeek.c...
Marquez feared his "time was over" in final...
No description available...
7h ago from Motorsport.com
How Martin can clinch the 2024 MotoGP title in the...
No description available...
8h ago from Motorsport.com
2024 MotoGP Barcelona Grand Prix – How to watch,...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
1d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
23h ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
5d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
2d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Manchester United and Liverpool among clubs seeking...
No description available...
48m ago from SportsKeeda.com
Arsenal games Ben White could miss as 27-year-old...
Arsenal defender Ben White reportedly undergoes an operation to resolve a...
1h ago from SportsMole.co.uk
New injury: key Arsenal starter has knee procedure...
Arsenal have been handed a fresh injury blow as Ben White has undergone a...
3h ago from CaughtOffside.com
Arsenal star Gabriel Martinelli names Manchester...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin's wretched 2024 season made Dan Fallows' F1...
Aston Martin has announced that Dan Fallows will... Read More »
1h ago from MotorsportWeek.com
F1 bosses agree to new rule after Qatar health scares
The F1 Commission has met once again, this time... Read More »
58m ago from RacingNews365.com
Vasseur sheds light on timing of Hamilton’s debut with...
Formula 1 fans eager to see Lewis Hamilton in red... Read More »
2h ago from F1i.com
