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Domenicali: Ferrari gave up demands for F1's greater-good

Former Scuderia boss Stefano Domenicali believes Ferrari reined in its budget cap demands to favour the greater good of the sport over its individual interests. Ferrari boss Mattia Binotto was initially reluctant to accept a reduction of F1's budget cap below the $150m level as it would entail layoffs at Maranello that the Italian outfit was keen to avoid during these difficult times. Binotto hinted at Ferrari deploying its resources elsewhere in motorsport if F1's financial regulations were out of line with its views, but ultimately the Scuderia agreed to a sliding scale cut back from $145m to $130m over the next three years. McLaren: Regulation changes ultimately 'a win for fans'...
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5y ago from F1i.com 0
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