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Ferrari to spend more money in 2020 - Camilleri
Feb.5 Ferrari CEO Louis Camilleri says the Italian marque is prepared to spend more on Formula 1 ahead of the 2020 and 2021 seasons. Actually, Liberty Media is trying to ramp down the spending of the top teams, imposing a budget cap for 2021 and beyond. But Camilleri said this week that an increased budget for 2020 is on the cards. "This year will be quite critical," he is quoted by La Gazzetta dello Sport. "Our ambition as always is to try to win and therefore we will continue to invest in our infrastructure, resources and technologies, as we continue to develop the 2020 car and the season progresses." The likelihood of even bigger spending this year has been clear...
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5y ago from OneStopStrategy.com
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