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Ferrari WEC hypercar project NOT the result of F1 budget cap
Mattia Binotto has denied that Ferrari's decision to enter the new World Endurance Championship hypercar category is a reaction to the introduction of the Formula 1 budget cap. Ferrari will make its return to the top category of endurance racing in 2023 where it will compete alongside Peugeot and Toyota in the new Le Mans hypercar class. Article continues under video On the surface, such a decision would appear to be as a result of F1's budget cap and Ferrari's need to migrate staff into other projects in order to cut costs. Binotto, however, insists this is not the case. He said: "No, it is not a consequence of the financial regulations at all. "I think the problem has been...
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