News Details

Ferrari clarifies Binotto's alleged quit threat comments

Ferrari has clarified comments made by team boss Mattia Binotto and asserted that the squad remains committed to racing in Formula 1. Formula 1 is to introduce a budget cap of $175m from 2021 though this figure has been under discussion amid the ongoing coronavirus crisis. Ferrari has been one of the primary opponents of a further reduction, pointing to the fact it supplies some components to other teams, while also working under different labour laws to most other Formula 1 operations. In an interview with The Guardian, published on Wednesday evening, Binotto was quoted as saying: “It [a lower budget cap] cannot be attained without further significant sacrifices, especially in terms of...
Full Story »
Share

You May Also Be Interested In...

Ferrari revives F1 quit threats amid budget cap talks!

Ferrari boss Mattia Binotto has revived the Italian outfit's old quit...
5y ago from F1i.com

Binotto: Ferrari could leave Formula 1 over lower cost...

Ferrari would consider leaving Formula 1 if the impending cost cap...
5y ago from GrandPrix247.com

Ferrari's Binotto open to reduced cost cap for 2021;...

Scuderia Ferrari boss Mattia Binotto has said he would welcome a reduced...

Ferrari threatens to quit over budget cap dispute

Apr.23 Ferrari has warned that it could quit Formula 1 over the current...
5y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

F1 World Champion Lando Norris offered MotoGP...

F1 World Champion Lando Norris has been offered an opportunity to ride a...

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Jon Armstrong joins Josh McErlean in all-Irish M-Sport...

Christmas came early for Jon Armstrong and co-driver Shane Byrne when the...

Popular On GunnersToday.com

Arsenal reach 100 injuries since start of last season

Arsenal have now reached 100 different injuries since the start of...
3h ago from SkySports.com

Twists and turns and midweek musings

Morning all. The players were back to training yesterday after a couple of...
7h ago from Arseblog.com

Sources: Chelsea & Arsenal establish contact with...

Kenan Yildiz has rapidly emerged as one of the most talked-about young...
9h ago from CaughtOffside.com

Report: Arsenal are very interested in signing...

Arsenal have been linked with the move for the AC Milan goalkeeper Lorenzo...
19h ago from CaughtOffside.com

Comments

Hottest News

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.