News Details
Ferrari forced to compromise over budget cap "soft landing"
Ferrari team principal Mattia Binotto has revealed the Scuderia was forced to accept a compromise over the "soft landing" procedure within the budget cap that assists with the future employment of its staff. With teams operating on a budget of $145million from next year, sliding towards $135m from 2023, it has meant employees being reallocated to alternative positions within the company. Article continues under video As the three teams with the highest numbers of staff, Ferrari, Mercedes and Red Bull have been offered an additional period of time - a soft landing - to ensure other jobs are found within a six-month time period, commencing from the start of 2021. Ferrari had pushed...
Full Story »
Full Story »
4y ago from GPFans.com
0
You May Also Be Interested In...
Postponement around budget cap: Teams get more time to...
From 2021 onwards, a budget cap will be used within Formula 1. From that...
4y ago from GPBlog.com
Ferrari explain ‘soft landing' from budget cap
Ferrari have provided details of the ‘soft landing’ Formula 1 teams...
4y ago from PlanetF1.com
FIA ‘on top' of spare parts budget cap cheat
McLaren Racing CEO Zak Brown says the FIA are aware that teams could try...
4y ago from PlanetF1.com
Ocon must ‘accept' Ricciardo's ability
Renault boss Cyril Abiteboul says Esteban Ocon must 'accept' the quality...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
21h ago from Motorsport.com
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
1d ago from MotorsportWeek.c...
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
4d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou will not play it safe in Portland to secure...
No description available...
17h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
2d ago from MotorsportWeek.c...
Colton Herta praises IndyCar's delayed cautions;...
No description available...
1d ago from Motorsport.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ready to sell 'incredible' first-team star to...
Arsenal could look to cash in on the Belgian attacker Leandro Trossard...
51m ago from CaughtOffside.com
“There was no need for this story” - Sporting star...
Manchester United target Pedro Gonçalves has revealed that he spoke to...
3h ago from SportsKeeda.com
What's left?
Good morning. I'm back in Dublin and I've had a decent night's sleep, so I...
2h ago from Arseblog.com
Agreement reached: Liverpool beat Arsenal to the...
Liverpool have secured a deal to sign promising young striker Will Wright...
4h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Audi announces title sponsor for new F1 team
Audi is joining F1 in 2026, and has bagged a new... Read More »
3h ago from RacingNews365.com
Russell and Antonelli summoned to Mercedes HQ for...
George Russell and Kimi Antonelli have been... Read More »
51m ago from GPFans.com
Lewis Hamilton buoyed at improving 'career weakness' after...
Lewis Hamilton timed the change to slick tyres... Read More »
41m ago from RacingNews365.com
