News Details

Ferrari questions budget cap amid 2.5 million damage tab

Ferrari boss Mattia Binotto has suggested once again that a level of cost damage should perhaps be excluded from Formula 1's budget cap. Teams are running this season on a maximum $145 million budget, an amount that will drop to $135 million by 2023. But all costs related to damage incurred during the season are funded by a team's budget. Red Bull team boss Christian Horner recently put a $1.8 million price tag on Max Verstappen's crash with Lewis Hamilton in the British Grand Prix at Silverstone. But Ferrari has also faced a few hefty repair bills, which Binotto has estimated to have cost approximately 2.5 million. ©Ferrari "This is the amount we have spent, from Bahrain to Hungary,...
Full Story »
3y ago from F1i.com 0
Share

You May Also Be Interested In...

Opinion | Criticisms of the current cost cap are...

The FIA announced a cost cap for the 2021 season in late 2019, with the...
3y ago from GPBlog.com

Red Bull victim of budget cap after damage: Is a...

It took months to agree on a budget cap in Formula 1, but it was finally...
3y ago from GPBlog.com

Ferrari backs Red Bull over budget cap tweak

Aug.5 Ferrari has joined Red Bull in arguing that the budget cap rules...
3y ago from OneStopStrategy.com

2.5m damage has Binotto questioning budget cap

With Ferrari racking up 2.5m worth of damage this year, Mattia Binotto is...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...

Marc Marquez likens his 2025 MotoGP form to 2019 and...

Marc Marquez has likened his 2025 MotoGP form to the peak performances...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
12h ago from MotorsportWeek.c...

IndyCar Toronto – Race Results

IndyCar completed its sole visit across the border this weekend, with a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: New Arsenal signing waiting in London and set...

Arsenal are on the verge of announcing the signing of Spanish centre-back...
6h ago from FreshArsenal.com

“I’m bored, give me a f**king ball man” -...

Pierre-Emerick Aubameyang has taken to Instagram as he gears up for a...
14h ago from SportsKeeda.com

Mosquera deal edges near as Arsenal still chase striker

The summer transfer window is in full flow and we are now nigh on a full...
15h ago from FreshArsenal.com

Arsenal forced to reschedule first pre-season training...

Premier League giants Arsenal have been forced to reschedule their first...
16h ago from SportsKeeda.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.