News Details

Domenicali: Ferrari gave up demands for F1's greater-good

Former Scuderia boss Stefano Domenicali believes Ferrari reined in its budget cap demands to favour the greater good of the sport over its individual interests. Ferrari boss Mattia Binotto was initially reluctant to accept a reduction of F1's budget cap below the $150m level as it would entail layoffs at Maranello that the Italian outfit was keen to avoid during these difficult times. Binotto hinted at Ferrari deploying its resources elsewhere in motorsport if F1's financial regulations were out of line with its views, but ultimately the Scuderia agreed to a sliding scale cut back from $145m to $130m over the next three years. McLaren: Regulation changes ultimately 'a win for fans'...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Ferrari has made cost-cap sacrifice for good of F1 -...

Ferrari has shown it is willing to make sacrifices for the greater good...
4y ago from GPFans.com

Domenicali calls on Alonso to help Sainz move to...

Former Ferrari team principal Stefano Domenicali has called on Fernando...
4y ago from F1i.com

Domenicali: 'Sainz must prepare for the pressure of...

With the many rumours now going around, everyone is making a contribution...
4y ago from GPBlog.com

Domenicali: Ferrari has put Formula 1 first

Ex-Ferrari team boss, Stefano Domenicali, believes the Scuderia has now...
4y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Robert Shwartzman announced for PREMA’s second...

PREMA has announced that Robert Shwartzman will pilot one of the two cars...

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal column: Chelsea reaction, Pedro Neto transfer...

Arsenal need to improve but title race isn’t over just yet… It’s...
1h ago from CaughtOffside.com

Mikel Merino insists Arsenal will thrive on pressure...

t;li>Gunners trail leaders Liverpool by nine pointsMerino: ‘The...
1h ago from TheGuardian.com

MOTD to lose second key man in two years with £1.3m...

Gary Lineker is set to leave the BBC's iconic show Match of the Day at the...
3h ago from CaughtOffside.com

Chelsea, Arsenal duo among eight England withdrawals...

Arsenal and Manchester City stars are among eight players to pull out of...
4h ago from SportsMole.co.uk

Comments

Hottest News

FIA steward drops Verstappen Las Vegas Grand Prix DNF...

An FIA steward has dropped a bombshell over the... Read More »
4h ago from GPFans.com

Ricciardo given F1 LIFELINE as Audi bombshell revealed -...

Ex-Formula 1 star Daniel Ricciardo could be set... Read More »
1h ago from GPFans.com

Perez F1 ally announces HUGE new deal

Formula 1 have announced a new partnership with... Read More »
2h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.