News Details

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...
Full Story »
Share

You May Also Be Interested In...

Camilleri: We Never Give Up and Our Ambition is to Win

Ferrari CEO Louis Camilleri maintains his company will approach the 2020...
5y ago from GrandPrix247.com

Lewis Hamilton hits out at 'false reports' over...

Reigning World Champion Lewis Hamilton has hit out at reports surrounding...
5y ago from MotorsportWeek.com

Cyril Abiteboul challenges Renault F1 juniors to claim...

Renault Formula 1 boss Cyril Abiteboul has challenged its junior drivers...
5y ago from MotorsportWeek.com

FIA present an evolution of the Formula E car ahead of...

With Formula 1 heading for a rules and regulation overhaul in 2021,...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Why MotoGP hails 2025 season as a...

MotoGP promoter Dorna Sports has described the conclusion of the 2025...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...
11h ago from MotorsportWeek.c...

Romet Jürgenson to compete in opening three WRC2...

The rising Estonian talent is joined by co-driver Siim Oja and start...
11h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Everton v Arsenal – live blog

Join us for live blog coverage of our Premier League game away to Everton,...
1h ago from Arseblog.com

Arsenal boss Mikel Arteta makes feelings clear about...

Arsenal boss Mikel Arteta has shared his thoughts on Lionel Messi voting...
1h ago from SportsKeeda.com

Mikel Arteta insists he won't 'lie' to Arsenal players...

Arsenal manager Mikel Arteta has admitted he can't 'lie' to his players...
12h 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.