News Details
Ferrari questions budget cap amid 2.5 million damage tab
Ferrari boss Mattia Binotto has suggested once again that a level of cost damage should perhaps be excluded from Formula 1's budget cap. Teams are running this season on a maximum $145 million budget, an amount that will drop to $135 million by 2023. But all costs related to damage incurred during the season are funded by a team's budget. Red Bull team boss Christian Horner recently put a $1.8 million price tag on Max Verstappen's crash with Lewis Hamilton in the British Grand Prix at Silverstone. But Ferrari has also faced a few hefty repair bills, which Binotto has estimated to have cost approximately 2.5 million. ©Ferrari "This is the amount we have spent, from Bahrain to Hungary,...
Full Story »
Full Story »
You May Also Be Interested In...
Opinion | Criticisms of the current cost cap are...
The FIA announced a cost cap for the 2021 season in late 2019, with the...
5y ago from GPBlog.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
Ferrari backs Red Bull over budget cap tweak
Aug.5 Ferrari has joined Red Bull in arguing that the budget cap rules...
5y ago from OneStopStrategy.com
2.5m damage has Binotto questioning budget cap
With Ferrari racking up 2.5m worth of damage this year, Mattia Binotto is...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez owns up to British GP struggles but...
No description available...
11h ago from Motorsport.com
Raul Fernandez channelled “anger” to British GP...
No description available...
9h ago from Motorsport.com
Raul Fernandez completes dominant British MotoGP...
Raul Fernandez led every single lap of the British MotoGP race to...
12h ago from MotorsportWeek.c...
MotoGP British GP: Raul Fernandez dominates as Jorge...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Portland – Race Results
Sunday afternoon held the first race of a busy final stretch to the 2026...
2h ago from MotorsportWeek.c...
Rinus VeeKay continues IndyCar surge with fourth at...
No description available...
2h ago from Motorsport.com
Alex Palou dominates in Portland to extend IndyCar...
No description available...
2h ago from Motorsport.com
Official race results: 2026 IndyCar at Portland
No description available...
2h ago from Motorsport.com
Popular On TotalWRC.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
3d ago from Motorsport.com
'I saw him lie down and pass out' - Julien Ingrassia...
No description available...
5d ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Man United and Arsenal make enquiries for...
Manchester United and Arsenal are among a host of Premier League clubs...
1h ago from CaughtOffside.com
Premier League 2026-27 preview No 1: Arsenal
h most of their rivals changing managers, can the champions go...
2h ago from TheGuardian.com
Mikel Arteta confirms Arsenal injury blow as two key...
Mikel Arteta has shared an update on the injuries to William Saliba and...
2h ago from CaughtOffside.com
Arteta expects Guimarães to ‘ignite’ Arsenal and...
t;li>Arsenal lose 3-2 to Borussia Dortmund in Emirates CupEnzo Maresca...
6h ago from TheGuardian.com
Comments
Hottest News
F1 team owners announce expansion with new entry and...
Haas have announced an expansion of their racing... Read More »
5h ago from GPFans.com
McLaren ‘privately frustrated‘ with Mercedes over F1...
Being a customer team in F1 can be great. You get... Read More »
5h ago from GPFans.com
McLaren left with no choice but to sign Max Verstappen
As it stands McLaren will enter 2027 with the... Read More »
6h ago from GPFans.com



























