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Budget cap delaying Ferrari upgrades until British GP

Ferrari team principal Mattia Binotto has said the team will bring their next big upgrade package to Silverstone, admitting that the budget cap implications are holding them back from bringing improvements to every single race. Formula 1 teams have to operate under a $140million budget restriction for the season, and the deduction of $5million compared to 2021 combined with high global inflation means that they are feeling the pinch in comparison to their previous spending levels. Binotto admitted that this is having an effect on the plans for Ferrari to develop their car over the course of the season, meaning they will have to pick and choose their moments to upgrade. As a result, he said...
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3y ago from PlanetF1.com 0
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