News Details

Binotto tapped his fingers by Ferrari-CEO: 'We want the budget cap''

The new $145 million budget cap has finally been announced, after mainly Ferrari and Red Bull Racing turned out to be against the deal. Within Ferrari, however, there was a dichotomy. Where Mattia Binotto didn't want a cut, the CEO now whistles him back. Binotto on the fingers The new $145 million budget cap should ensure that Formula 1 will have a fairer playing field for all participants. Ferrari has been in the sport since time immemorial and performs mainly every year due to the immense amounts of money the team invests. From 2020 it will no longer be possible and the CEO is happy with that. Read more Green relieved: ''The car turned out much better than we expected'' ''We hope that a...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

BREAKING: F1 teams agree on a budget cap of $145...

There is finally an agreement between the Formula 1 teams on lowering the...
5y ago from GPBlog.com

Brawn: F1 budget cap agreement now 'in final stages'

Formula 1 director of motorsports Ross Brawn says an agreement over the...
5y ago from F1i.com

Brawn: Budget cap of $145m agreed for 2021

A greatly reduced budget cap for the 2021 season has been agreed upon...
5y ago from MotorsportWeek.com

Horner on budget cap: 'Opportunism, how on earth do...

Christian Horner is still not happy that Ferrari and the FIA do not want...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi prevails in Valencia MotoGP season...

Aprilia’s Marco Bezzecchi led every lap to control the race and take...

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

“He’s just got this knack of scoring unbelievable...

Former Premier League star Danny Murphy has said that he would pick...
28m ago from SportsKeeda.com

FFS … Gabriel injury blow + a real Cristhian

Morning. Bad news to start with today, and that's Gabriel picking up an...
6h ago from Arseblog.com

Cristhian Mosquera: ‘Arsenal were my team growing...

Spain Under-21 centre-back on his club’s ‘crazy’ defensive numbers,...
7h ago from TheGuardian.com

Sources: Arsenal 'monitoring' underrated talent who's...

Arsenal are understood to be among the clubs keeping an eye on Jurrien...
1d 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.