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Ferrari clarifies 'misunderstood' Binotto quit threat comments
Ferrari has released a statement in which it clarifies comments made by Mattia Binotto regarding a potential exit of the Scuderia from F1 if next year's budget cap is lowered any further. In an interview with The Guardian, Binotto was queried on Ferrari's opposition to a 2021 cost cap that would be lowered under the current unanimously agreed $150M level. "If it was to get even lower, we would not want to be put in a position of having to look at other further options for deploying our racing DNA," said Binotto. The comment clearly alludes to the possibility of Ferrari turning its back on F1 if a lowered budget cap level is decided by F1. Ferrari revives F1 quit threats amid...
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