News Details
Ferrari's Binotto in favour of two-tier budget cap system
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system for 2021 that would consider the additional R&D costs supported by the sport's bigger teams. Formula 1's long-waited cost-cutting measures will finally see the light of day next season. Furthermore, because of the sport's economic downturn amid the COVID-19 pandemic, teams have agreed to reduce the initial $175m spending limit to $150m, although F1's smaller outfits are lobbying for a further cutback to $100m. But Binotto argues that F1's front-running outfits have significant research and development costs, while their smaller customer teams simply buy a certain number of parts and components from them. F1 and teams...
Full Story »
Full Story »
You May Also Be Interested In...
Binotto: Maybe the answer is not a single budget cap
Formula 1 has to consider the 'different situations' some teams find...
6y ago from GrandPrix247.com
Ferrari: One size fits all F1 team budget cap...
Ferrari team principal Mattia Binotto has explained why setting the same...
6y ago from Crash.net
Smaller F1 teams target budget cap reduction to $100M!
Formula 1's smaller teams, who are most vulnerable to the sport's...
6y ago from F1i.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...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Best wildcard performances in the MotoGP era
No description available...
12h ago from Motorsport.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
1d ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
3d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
5h ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
2d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
4d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai’s WRC season “really starts” at...
No description available...
12h ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
5d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
5d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Carra: If Arsenal beat West Ham, they win the Premier...
If Arsenal beat West Ham at the London Stadium on Sunday, live on Sky...
3h ago from SkySports.com
Mileage in Myles in midfield: why MLS must change...
I’ve been banging the drum for Myles Lewis-Skelly to move into midfield...
6h ago from FreshArsenal.com
Should Lewis-Skelly start against Atletico? I'd like...
Thierry Henry said Myles Lewis-Skelly's future lies in midfield after his...
5h ago from SkySports.com
Have Arsenal found the keys to unleash Gyokeres at the...
Viktor Gyökeres has divided opinion since arriving, but one thing is...
8h ago from FreshArsenal.com
Comments
Hottest News
Hamilton hints Ferrari might 'have the best car, but it’s...
Hamilton did not hide his disappointment after... Read More »
2h ago from F1Technical.net
Fernando Alonso identifies new Aston Martin issue amid...
Fernando Alonso has highlighted the next agenda... Read More »
7h ago from MotorsportWeek.com
F1 legend Martin Brundle reacts after bizarre microphone...
F1 legend Martin Brundle has issued his response... Read More »
5h ago from GPFans.com
