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 »
Full Story »
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...
2y 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...
2y 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...
2y 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...
2y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Martin doesn't know if 2024 MotoGP crashes due to...
No description available...
13h ago from Motorsport.com
MotoGP German GP: Bagnaia wins from Marquez after...
No description available...
15h ago from Motorsport.com
Bagnaia tops MotoGP standings after Martín crashes...
t;li>Martín slid off track with two laps to goBrothers Marc and Álex...
12h ago from TheGuardian.com
Popular On IndyCarToday.com
O’Ward says Mid-Ohio “feels like first win of the...
No description available...
6h ago from Motorsport.com
IndyCar president Frye praises “good first...
No description available...
4h ago from Motorsport.com
Palou explains first gear fumble that cost Mid-Ohio...
No description available...
6h ago from Motorsport.com
IndyCar Mid-Ohio: O’Ward beats Palou by 0.5s after...
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
Rovanpera overcomes penalty to claim maiden circuit...
No description available...
19h ago from Motorsport.com
David Richards: ‘There’s not a single driver I...
ir of British motor sport and Silverstone sage has been there, won that,...
1d ago from TheGuardian.com
Tanak unharmed after high-speed crash at Rally Estonia
No description available...
1d ago from Motorsport.com
Hyundai gearing up for WEC hypercar programme, WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal transfer news: Gunners 'identify' goalkeeper...
Arsenal are reportedly considering a surprise move for their former youth...
4h ago from SportsMole.co.uk
Arsenal to 'consider' proposals for defender amid...
Arsenal are reportedly open to selling Poland international Jakub Kiwior...
5h ago from SportsMole.co.uk
'I was buzzing when I saw it' - Bukayo Saka on...
No description available...
6h ago from SportsKeeda.com
Arsenal plotting surprise move for player from PL...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Clarkson reveals Newey's relocation plans on live TV
Jeremy Clarkson, best known for the programmes... Read More »
13h ago from GPBlog.com
Hamilton makes HISTORY as Verstappen slapped with FIA...
It was a historic day at the British Grand Prix,... Read More »
6h ago from GPFans.com
Lando Norris' Complaint Over Lewis Hamilton's Maneuver...
At the British Grand Prix at Silverstone, Lando... Read More »
3h ago from Formula1News.co.uk
