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...
5y 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...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Winners and losers from MotoGP's frantic Indonesian...
No description available...
2h ago from Motorsport.com
Toprak Razgatlioglu to undergo shoulder scan: ‘I...
No description available...
2h ago from Motorsport.com
Aprilia considering manufacturer orders as MotoGP...
No description available...
1h ago from Motorsport.com
MotoGP announces Red Bull to become Australian Grand...
MotoGP has announced that energy drinks company Red Bull will become the...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
New IndyCar chassis set for further evaluation next...
IndyCar’s new IR-28 Dallara chassis is scheduled to be subjected to its...
2d ago from MotorsportWeek.c...
Free agent Nolan Siegel ‘not done with IndyCar dream...
No description available...
2d ago from Motorsport.com
Team Penske and Chevrolet announce multi-year...
No description available...
3d ago from Motorsport.com
ECR and Chevrolet reaffirm 15-Year bond with...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb tests new Project Rally One 2027 WRC car
No description available...
1d ago from Motorsport.com
Where Sami Pajari can improve after WRC title near miss
No description available...
2d ago from Motorsport.com
WRC expands 2027 calendar to 15 rounds as USA, UK...
No description available...
3d ago from Motorsport.com
WRC confirms America and UK returns for 2027 calendar
The World Rally Championship has announced its calendar for the 2027...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'There was an opportunity to leave' | Vieira reveals...
Patrick Vieira reveals he could've left Arsenal for a rival Premier League...
1w ago from SkySports.com
England release statement as Arsenal and Man City...
England have confirmed that Arsenal star Ezri Konsa and Manchester City's...
1w ago from SportsKeeda.com
Arsenal hero Thierry Henry reacts after his fake quote...
Arsenal legend Thierry Henry has dismissed a fake quote attributed to him...
1w ago from SportsKeeda.com
Bastian Schweinsteiger calls out 'mediocrity' as he...
Bastian Schweinsteiger has pointed to how Germany lack 'difference makers'...
1w ago from SportsKeeda.com
Comments
Hottest News
Camara set for Haas as Cadillac future turns uncertain
Oct.12 Rafael Camara is believed to have secured... Read More »
2h ago from OneStopStrategy.com
Lewis Hamilton's mysterious Ferrari radio blackout: What we...
Lewis Hamilton's Singapore Grand Prix was ruined... Read More »
2h ago from GPFans.com
Singapore cigarette checks catch F1 personnel
Oct.12 Singapore's strict tobacco rules caused... Read More »
2h ago from OneStopStrategy.com
