News Details
Marchionne says F1 budget cap won't work
Ferrari president Sergio Marchionne believes a budget cap cannot work in Formula 1, amid reports that the sport's new owner Liberty Media is planning to introduce a spending limit. A recent report by British newspaper The Telegraph said Liberty wanted to explore budget cap plans as a means of closing up the performance gaps in the championship. Read Also: Liberty planning F1 budget cap - report Teams like Ferrari and Red Bull had threatened to quit the sport over plans to introduce a £40 million cap back in 2009. While Marchionne says he accepts F1 should work to reduce costs, he reckons a budget cap will never work. "The interventions there have been up to now, from limitations on...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Liberty planning F1 budget cap - report
Incoming Formula 1 owner Liberty Media is reported to be evaluating plans...
9y ago from Motorsport.com
Haas stuck to budget in rookie season
– Haas team boss Guenther Steiner says that the squad's alternate...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo shares emotional Yamaha MotoGP...
Fabio Quartararo has broken his silence on his confirmed departure from...
8h ago from MotorsportWeek.c...
Fabio Quartararo and Alex Rins to leave Yamaha MotoGP...
Yamaha has confirmed that Fabio Quartararo and Alex Rins will leave the...
9h ago from MotorsportWeek.c...
Yamaha confirms Fabio Quartararo and Alex Rins will...
No description available...
12h ago from Motorsport.com
Jorge Martin dismisses points lead: I’m not feeling...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Dennis Hauger is done playing the patient rookie: “I...
No description available...
2h ago from Motorsport.com
David Malukas: Road course gains due to hard work off...
David Malukas is still looking for his first IndyCar win, but the Team...
3d ago from MotorsportWeek.c...
Rosenqvist set to depart MSR at end of season
Recent Indianapolis 500 winner Felix Rosenqvist is set to depart Meyer...
6d ago from MotorsportWeek.c...
Winners and losers from the IndyCar race at Road...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Penalties for Josh McErlean and Adrien Fourmaux...
Josh McErlean and Adrien Fourmaux were summoned to the Stewards office...
7h ago from MotorsportWeek.c...
New WRC constructor gearing up for maiden 2027 car test
No description available...
8h ago from Motorsport.com
Hankook may consider developing specific WRC Acropolis...
No description available...
1d ago from Motorsport.com
Elfyn Evans’ WRC championship lead grows after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Man United handed fresh obstacle in the...
Bruno Guimaraes has been linked with a move away from Newcastle United...
5h ago from CaughtOffside.com
'Looking forward to seeing William Saliba' - Arsenal...
Arsenal striker Viktor Gyokeres has opened up on his face-off against...
6h ago from SportsKeeda.com
Arsenal and Liverpool alerted as 20-G/A target's...
Bradley Barcola continues to be linked with a move away from PSG this...
8h ago from CaughtOffside.com
Noni Madueke reacts after being told during press...
Noni Madueke reacted to Gabriel Martinelli's winner in Brazil's 2026 FIFA...
6h ago from SportsKeeda.com
Comments
Hottest News
George Russell 'completely wrong' in Austrian Grand Prix...
Mercedes F1 star George Russell has been told he... Read More »
1h ago from GPFans.com
Adrian Newey announces 'big' Aston Martin upgrades and...
Aston Martin's team principal and managing... Read More »
4h ago from GPFans.com
Watch Max Verstappen fan's FURIOUS reaction after Red Bull...
Max Verstappen dangled a first pole position of... Read More »
1h ago from GPFans.com
