News Details

Budget cap delaying Ferrari upgrades until British GP

Ferrari team principal Mattia Binotto has said the team will bring their next big upgrade package to Silverstone, admitting that the budget cap implications are holding them back from bringing improvements to every single race. Formula 1 teams have to operate under a $140million budget restriction for the season, and the deduction of $5million compared to 2021 combined with high global inflation means that they are feeling the pinch in comparison to their previous spending levels. Binotto admitted that this is having an effect on the plans for Ferrari to develop their car over the course of the season, meaning they will have to pick and choose their moments to upgrade. As a result, he said...
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

‘We will go over': Binotto warns Ferrari and...

Ferrari team principal Mattia Binotto believes that it will be impossible...
3y ago from Formula1News.co.uk

Verstappen's manager warns the FIA that a driver...

With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk

Ferrari: F1 teams will hit budget cap ‘very soon’

Ferrari Team Principal Mattia Binotto has warned that Formula 1 teams will...
3y ago from MotorsportWeek.com

Steiner: F1 teams must make budget cap work 'one way...

Haas team boss Guenther Steiner says all F1 teams must make this year's...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Milwaukee – Qualifying Results

All 27 drivers of the NTT IndyCar Series buckled in and completed two of...

Josef Newgarden tops the timesheets for Milwaukee’s...

The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...

Three Honda drivers to take IndyCar grid penalties at...

The NTT IndyCar Series has announced three grid penalties for this...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal know they will not get a smooth ride but...

p against Leeds cannot hide fact Mikel Arteta’s side are still in...
4h ago from TheGuardian.com

Report: Arsenal still keen on signing in surprise...

Arsenal may not be finished in the transfer market just yet, with some...
4h ago from FreshArsenal.com

Documents signed: Fabrizio Romano explains whether...

All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com

Arsenal 5-0 Leeds: Premier League – as it happened

tor Gyökeres and Jurriën Timber both score twice as the Gunners rout...
4h ago from TheGuardian.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.