Ferrari team principal Mattia Binotto says Ferrari is against the idea of standardised parts in Formula 1. Liberty Media and the FIA has acknowledged that costs of joining and competing in F1 have climbed far too high for new teams to join the series and be competitive. The idea of standardised parts, such as brakes and gearboxes has been spoken about however the Ferrari team boss has reaffirmed the Italian team's position against the directive. "As Ferrari, we always relay that we are against the standardisation principle," Binotto said. "But we know as well that we need to control the costs and expenses - and obviously there is a budget cap so we need to find the...
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