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Ferrari cost cap call is Camilleri’s and board, says Arrivabene
Ferrari team principal Maurizio Arrivebene says the principles of Formula 1’s projected cost cap is something the Italian manufacturer agrees on but any final decision will rest with new CEO Louis C. Camilleri and the board. Since the proposal of an F1 cost cap, estimated to be set at $150m from 2021, the idea has been received with a mixed reception with strong backers from McLaren and Renault while Ferrari along with Mercedes and Red Bull have predicted potential job cuts to reach the cost targets. 5774263478001 CrashTV: With the projected cost cap set to be introduced at the end of the ongoing Concorde Agreement, Arrivabene says Ferrari’s standpoint will be decided by its...
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