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...
3y 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...
3y 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...
3y 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...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez hopes to race in MotoGP German GP...
No description available...
17h ago from Motorsport.com
Jorge Martin set for private MotoGP test following...
No description available...
1d ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
4d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How Scott Dixon pulled off another fuel-saving...
No description available...
17h ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
1d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
2d ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC legend Juha Kankkunen to drive hydrogen Toyota...
No description available...
23h ago from Motorsport.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
5d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Contract agreed: Arsenal set for 'direct talks' with...
Arsenal are reportedly now set for direct talks with Chelsea over the...
1h ago from CaughtOffside.com
Report: Arsenal showing significant interest in 15 G/A...
Arsenal are reportedly showing the most significant interest in Porto's...
1h ago from CaughtOffside.com
Arsenal target could be available for free as club...
Arsenal target Dusan Vlahovic could reportedly be available for free in...
1h ago from SportsKeeda.com
Major Arsenal signing has 'stalled' with club unhappy...
Arsenal's potential deal to sign Valencia defender Cristhian Mosquera has...
4h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Christian Horner leaves Red Bull with immediate...
Christian Horner has led Red Bull since the very... Read More »
53m ago from RacingNews365.com
Red Bull name Christian Horner replacement after shock exit
A huge managerial change at the Red Bull F1 team... Read More »
33m ago from RacingNews365.com
Christian Horner SACKED by Red Bull as F1 team issue...
Christian Horner has left his position as Red... Read More »
34m ago from GPFans.com
