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Binotto defends position Ferrari and Red Bull: 'Should decide rationally'
Within Formula 1 there is division over the budget ceiling. Initially an agreement was reached on 175 million dollars per year, but because of the coronavirus a discussion has flared up about whether or not to lower this maximum amount even further. Ferrari is one of the opponents and warns that the 'DNA of Formula 1' must be preserved. The smaller Formula 1 stables in particular are working hard for a lower budget ceiling. However, especially Ferrari and Red Bull Racing seem to be putting a stop to this. Liberty Media would like to go back to $100 million a year, but the two top teams really don't seem to go below $150 million a year. Last Monday a videoconference with all team bosses was...
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6y ago from GPBlog.com
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