News Details

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'...
Full Story »
3y ago from F1i.com 0
Share

You May Also Be Interested In...

Ferrari has made cost-cap sacrifice for good of F1 -...

Ferrari has shown it is willing to make sacrifices for the greater good...
3y ago from GPFans.com

Domenicali calls on Alonso to help Sainz move to...

Former Ferrari team principal Stefano Domenicali has called on Fernando...
3y ago from F1i.com

Domenicali: 'Sainz must prepare for the pressure of...

With the many rumours now going around, everyone is making a contribution...
3y ago from GPBlog.com

Domenicali: Ferrari has put Formula 1 first

Ex-Ferrari team boss, Stefano Domenicali, believes the Scuderia has now...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Barcelona looking to take advantage of 32-year-old...

There was a time in the not too distant past when Barcelona, one of the...
53m ago from CaughtOffside.com

Episode 778 – The Preview

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.