News Details

2.5m damage has Binotto questioning budget cap

With Ferrari racking up 2.5m worth of damage this year, Mattia Binotto is starting to feel such costs should be left out of the budget cap. All teams on the grid are limited to spending a total of $145m this season, with that cap only going to get lower in the coming years. Given their running costs are higher, this affects bigger outfits such as Ferrari in particular, with Red Bull boss Christian Horner saying it posed 'significant' challenges for his team at the start of this campaign. “It’s been a significant challenge but I think the whole organisation has responded incredibly well,” he told Motorsport.com. “It’s been about addressing efficiency, which Formula 1 teams...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ferrari backs Red Bull over budget cap tweak

Aug.5 Ferrari has joined Red Bull in arguing that the budget cap rules...
4y ago from OneStopStrategy.com

Red Bull victim of budget cap after damage: Is a...

It took months to agree on a budget cap in Formula 1, but it was finally...
4y ago from GPBlog.com

Opinion | Criticisms of the current cost cap are...

The FIA announced a cost cap for the 2021 season in late 2019, with the...
4y ago from GPBlog.com

Seidl fires back at Horner's criticism of budget cap...

Article To news overview © McLaren Andreas Seidl does not agree with...
4y ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O’Ward labels Scott Dixon ‘perfect person to...

Pato O’Ward is looking forward to being able to learn new tips and...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Arsenal set to 'intensify' transfer mission...

Arsenal are now expected to intensify their search for a new centre-back...
1h ago from CaughtOffside.com

Arsenal expected to make approach for No 1 target...

Arsenal have made Morgan Rogers their top forward target this summer and...
1h ago from SkySports.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.