News Details
Ferrari pushed idea of customer cars during budget cap talks
Ferrari boss Mattia Binotto has revealed that he recently tabled the idea of allowing customer cars in Formula 1 as a cost-effective solution for teams impacted by the sport's economic downturn. The onslaught of the coronavirus pandemic and its impact on F1 prompted Liberty Media and the FIA to introduce a series of measures to protect the immediate future of Grand Prix racing. In agreement with the sport's teams, a regulation freeze for 2021 and restrictions on development were adopted in addition to a lowering of F1's budget cap threshold for next year from $175m to $145m. Ferrari's Elkann: 'Total trust' in Binotto but no turnaround until 2022 During the talks on the cost saving measures...
Full Story »
Full Story »
You May Also Be Interested In...
Ferrari "MotoGP" style customer team...
Ferrari team principal Mattia Binotto says the Scuderia put forward a...
3y ago from GPFans.com
Ferrari proposed return of customer cars to F1
Mattia Binotto says Ferrari suggested bringing customer cars back to...
3y ago from PlanetF1.com
Binotto repeats support for customer cars
In a week McLaren confirms its partnership with former sponsor, Gulf Oil,...
3y ago from Pitpass.com
For Argument's Sake: Is Mattia Binotto the right man...
After an encouraging, if ultimately disappointing first season in-charge...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
4h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
9h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
9h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
2h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
21h ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How WRC Rally1 teams embraced the return of the...
No description available...
3h ago from Motorsport.com
Kenya president pushing for longer WRC Safari Rally
No description available...
1h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
3h ago from MotorsportWeek.c...
Kenya launches motorsport academy to nurture future...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Key Manchester City duo miss training ahead of Arsenal...
Manchester City train without defenders Kyle Walker and John Stones ahead...
54m ago from SportsMole.co.uk
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
3h ago from TheGuardian.com
'It's a team that deserves to be at the top' - Gael...
No description available...
1h ago from SportsKeeda.com
'Going to be decided by what happens in the big...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
1h ago from GPFans.com
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
7h ago from GPFans.com
Marko DIRECTLY addresses Verstappen quit rumours
Helmut Marko has addressed rumours linking Max... Read More »
54m ago from GPFans.com