News Details
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...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Binotto suggests different budget limits for different...
Formula 1 has set a budget limit of 175 million for 2021. An amount that...
5y ago from GPBlog.com
F1 and teams agree to consider changes to budget cap...
Formula 1 bosses and the teams agreed at a meeting on Monday to consider...
5y ago from F1i.com
It's important to be flexible, says Binotto
As F1 seeks how best to get the season underway once, indeed if, the...
5y ago from Pitpass.com
F1 teams meet Monday: Small teams want even lower...
The Formula 1 season is still at a standstill and that has consequences...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Construction moving forward at Buenos Aires for...
No description available...
2h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
7h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
9h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
8h ago from CaughtOffside.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
8h ago from SportsKeeda.com
Mikel Arteta takes full responsibility for Arsenal's...
Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
9h ago from SportsKeeda.com
Comments
Hottest News
Mercedes star reveals F1 rivals have been granted FIA...
Mercedes F1 star Kimi Antonelli has hinted that... Read More »
42m ago from GPFans.com
Max Verstappen braced for more F1 misery as Red Bull...
Long-serving Max Verstappen F1 mechanic, Ole... Read More »
32m ago from MotorsportWeek.com
Lewis Hamilton missed Ferrari meetings, why things are...
Seven-time F1 world champion Lewis Hamilton has... Read More »
1h ago from GPFans.com
