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Binotto clear: F1 needs to reduce costs

Interview To news overview Ferrari team principal Mattia Binotto believes that Formula 1 is currently too expensive and that action must be taken to reduce costs. For decades, Ferrari have been the biggest team in F1 and have not been in favour of limiting finances. However, Binotto has taken a different approach since he became team boss in 2019 and has made it clear that the current power units in F1 are a financial problem. "Ferrari as an entire company, it's a very healthy company," Binotto told RacingNews365.com. "Even if you look during the COVID-19 pandemic, the results as well the results we are having during this year, it's a healthy company. "But we know as...
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7mo ago from RacingNews365.com 0
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