News Details
Binotto suggests multiple budget caps for teams
Ferrari principal Mattia Binotto believes Formula 1 should consider setting different budget caps for the ten teams competing. While the new regulations have been delayed until at least 2022, the budget cap will still come in from 2021 as planned. But its $175m (£143m) limit could be reduced even further with teams fearing for their futures as the COVID-19 pandemic continues to ravage the 2020 schedule. McLaren Racing CEO Zak Brown has said that teams could leave F1 if the situation isn't handled correctly. Binotto thinks it's important though to remember that not all the teams are the same when it comes to their financial needs, and perhaps that should be reflected by setting different...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Binotto suggests different budget limits for different...
Formula 1 has set a budget limit of 175 million for 2021. An amount that...
5y ago from GPBlog.com
F1 and teams agree to consider changes to budget cap...
Formula 1 bosses and the teams agreed at a meeting on Monday to consider...
5y ago from F1i.com
It's important to be flexible, says Binotto
As F1 seeks how best to get the season underway once, indeed if, the...
5y ago from Pitpass.com
F1 teams meet Monday: Small teams want even lower...
The Formula 1 season is still at a standstill and that has consequences...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli wants to test new MotoGP tyres with 2027 bikes...
No description available...
3h ago from Motorsport.com
Who crashed the most during the 2025 MotoGP season?
No description available...
1d ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
1d ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
1d ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
2d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...
Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
3h ago from MotorsportWeek.c...
Lancia reveals driver line-up for 2026 WRC return
No description available...
2d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal dealt blow as Mikel Arteta confirms injury to...
Arsenal manager Mikel Arteta has revealed that Ben White has suffered...
2h ago from SportsKeeda.com
Arteta wants to sign 'amazing' 26-year-old to get the...
Arsenal are reportedly interested in signing the AC Milan attacker Rafael...
4h ago from CaughtOffside.com
Arsenal 2-1 Wolves: Late joy but considerable worry...
Match report – Player ratings – Arteta reaction The game...
6h ago from Arseblog.com
“Carried the team on his back”, “One man army”...
Arsenal fans were left in awe of Bukayo Saka’s performance during their...
14h ago from SportsKeeda.com
Comments
Hottest News
Herta offers feedback on first official F2 test in Abu Dhabi
Cadillac F1 reserve driver Colton Herta made a... Read More »
57m ago from F1i.com
‘Dirty games were played’: Marko opens up on Horner’s...
In the high-stakes world of Formula 1, where... Read More »
2h ago from F1i.com
Ferrari chairman rejects 1.1bn offer
Ferrari F1 chairman John Elkann has rejected a... Read More »
1h ago from GPFans.com
