News Details

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...
Full Story »
Share

You May Also Be Interested In...

Alternatives line up for covid-affected F1 races

Jun.8 Alternative race hosts are lining up for potentially vacant spots...
4y ago from OneStopStrategy.com

Binotto on the future of F1: I am fully against an...

Interview To news overview © Scuderia Ferrari S.p.A. Ferrari team...
4y ago from RacingNews365.com

Ferrari’s Mattia Binotto: “It was a difficult race...

Ferrari will have to do better in every area to ensure they come out on...

Binotto moves from pit wall to garage as Ferrari wraps...

Mattia Binotto will oversee from now on Ferrari's operations from the...
4y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Palou returns to the top with Iowa Speedway victory

The second IndyCar race in as many days took place at Iowa Speedway on...

IndyCar Iowa – Race 2 Results

The second race of IndyCar’s double-header took place on Sunday...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal take step closer to signing £68m Premier...

Arsenal are making moves in the summer transfer window, and with deals for...
7h ago from CaughtOffside.com

Arsenal close to completing long-awaited transfer...

Arsenal have long desired the signing of a prolific striker, and in the...
9h ago from CaughtOffside.com

Arsenal close to agreeing deal to sign Gyokeres

Arsenal are close to completing a deal to sign Viktor Gyokeres from...
8h ago from SkySports.com

Arsenal close to completing deal for superstar forward...

Arsenal are reportedly close to completing the deal to sign Viktor...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.