News Details
Ferrari issue F1 quit threat over 'demanding' budget cap
Ferrari team principal Mattia Binotto has warned that the manufacturer will have to consider whether to remain in Formula 1 or not if the $145 million budget cap were to decrease further. With nine races postponed or cancelled to date, Formula 1 teams and officials have been considering ways to cut future costs, but Binotto says that the differing situations between teams mean there is no universally satisfying solution. Article continues under video “F1, we have all sorts of teams with different characteristics,” Binotto told The Guardian. “They operate in different countries, under different legislation and with their own ways of working. Therefore it is not simple and...
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
Constructive' discussion but still no decision on...
Just before Easter, the F1 summit came together to discuss lowering the...
5y ago from GPBlog.com
Horner during budget cap discussions: 'Always teams...
Last year, the budget cap was set at $175 million a year for a Formula 1...
5y ago from GPBlog.com
Binotto: Ferrari could leave Formula 1 over lower cost...
Ferrari would consider leaving Formula 1 if the impending cost cap...
5y ago from GrandPrix247.com
Formula 1 making progress on cost cap but not there yet
Formula 1 has advanced further on its efforts to define an appropriate...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders praise “really fun” Brazil GP track...
No description available...
3h ago from Motorsport.com
MotoGP Brazilian GP: Johann Zarco tops rain-hit Friday...
No description available...
5h ago from Motorsport.com
Johann Zarco takes top spot in rain-affected timed...
Johann Zarco made the most out of the rain-affected Brazilian MotoGP...
4h ago from MotorsportWeek.c...
Fermin Aldeguer reaches agreement with Ducati to race...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
3d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
3d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
3d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
6d ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
4d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta tells Arsenal players and fans to...
t;li>‘Years without a trophy, it adds more drive’Manager not...
2h ago from TheGuardian.com
Arsenal vs Manchester City Prediction and Betting Tips...
Fireworks will be lit at Wembley on Sunday, as Arsenal and Manchester City...
4h ago from SportsKeeda.com
'I've never been in a final' | Semenyo reflects on his...
Man City's Antonie Semenyo talks through his humble beginnings in the...
4h ago from SkySports.com
Eze shines as dominant Arsenal reach Champions League...
Arsenal set up a Champions League quarter-final against Sporting Lisbon as...
5h ago from SkySports.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS2 Race times and...
F1 champion Max Verstappen returns to the... Read More »
3h ago from GPFans.com
Max Verstappen Nordschleife ban emerges as Audi make team...
It's been a hell of a busy day in the world of... Read More »
4h ago from RacingNews365.com
Aston Martin crisis at risk of spiralling as FIA weigh up...
The two F1 race cancellations could hamper Aston... Read More »
4h ago from GPFans.com
