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

Marco Bezzecchi: Aprilia MotoGP bike ‘doesn't...

Marco Bezzecchi says his Aprilia machinery "doesn't always...
10h ago from MotorsportWeek.c...

Why Michelin has given up on MotoGP

No description available...
12h ago from Motorsport.com

MotoGP announce Pirelli as new tyre supplier from 2027

MotoGP has formally announced a new agreement with Italian tyre...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Ticket design for 109th Indianapolis 500 revealed

Indianapolis Motor Speedway has pulled back the curtain on the ticket...

IndyCar’s FOX network debut increased viewership by...

FOX Sports has released viewership numbers for the opening round of the...

IndyCar St. Petersburg – Race Results

The first race of the 2025 NTT IndyCar Series season took place on Sunday...

Popular On TotalWRC.com

WRC drivers follow F1 in statement to FIA president

World Rally Championship drivers have penned a strongly-worded statement...

Popular On GunnersToday.com

Arsenal transfer news: Joshua Kimmich reaches 'total...

Arsenal-linked Joshua Kimmich reportedly reaches a 'total verbal...
1h ago from SportsMole.co.uk

Man City 'hugely impressed' by £50m Aston Villa...

Manchester City reportedly express an interest in signing Aston Villa...
1h ago from SportsMole.co.uk

‘Final stages’: Fabrizio Romano now confirms...

Fabrizio Romano has reported that Joshua Kimmich now looks increasingly...
5h 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.