News Details
Ferrari issue F1 quit threat over 'demanding' budget cap
Ferrari team principal Mattia Binotto has warned that the manufacturer will have to consider whether to remain in Formula 1 or not if the $145 million budget cap were to decrease further. With nine races postponed or cancelled to date, Formula 1 teams and officials have been considering ways to cut future costs, but Binotto says that the differing situations between teams mean there is no universally satisfying solution. Article continues under video “F1, we have all sorts of teams with different characteristics,” Binotto told The Guardian. “They operate in different countries, under different legislation and with their own ways of working. Therefore it is not simple and...
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
Constructive' discussion but still no decision on...
Just before Easter, the F1 summit came together to discuss lowering the...
5y ago from GPBlog.com
Horner during budget cap discussions: 'Always teams...
Last year, the budget cap was set at $175 million a year for a Formula 1...
5y ago from GPBlog.com
Binotto: Ferrari could leave Formula 1 over lower cost...
Ferrari would consider leaving Formula 1 if the impending cost cap...
5y ago from GrandPrix247.com
Formula 1 making progress on cost cap but not there yet
Formula 1 has advanced further on its efforts to define an appropriate...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
2h ago from Motorsport.com
Maverick Vinales “mentally stronger” than ever...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
2d ago from MotorsportWeek.c...
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
2d ago from Motorsport.com
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...
1h ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
2h ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
1d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
5h ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
2d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
2d ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta makes stance clear on Arsenal selling...
Mikel Arteta has said that Gabriel Jesus will stay at Arsenal for the...
3h ago from SportsKeeda.com
Manchester United hold talks to sign midfielder who...
Manchester United are reportedly in talks with Arda Guler, as they look to...
3h ago from SportsKeeda.com
'Really smart signing' – Arsenal praised for...
Arsenal have been praised for their transfer deal for Noni Madueke, who...
9h ago from CaughtOffside.com
'R9 is back' - William Saliba sends message to Arsenal...
Arsenal defender William Saliba dropped a three-word message to express...
9h ago from SportsKeeda.com
Comments
Hottest News
Marko lifts the veil: Why he walked away from Red Bull
Helmut Marko has never been one to shy away from... Read More »
2h ago from F1i.com
Max Verstappen signs blockbuster new deal…but not with...
Four-time F1 champion Max Verstappen has signed a... Read More »
4h ago from GPFans.com
Lewis Hamilton sports watch worth MILLIONS as miserable...
The prices of the watches that F1 drivers wore... Read More »
57m ago from GPFans.com































