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

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's offered nothing' – Gary Neville slams...

Arsenal striker Viktor Gyokeres has been heavily criticised for a quiet...
34m ago from CaughtOffside.com

'Where is he?', 'Was hoping he would start' - Fans...

Arsenal fans on social media are questioning Mikel Arteta for benching a...
2h ago from SportsKeeda.com

'They deduct his salary if he doesn't start' - Fans...

Liverpool fans have reacted to Arne Slot’s decision to name Cody Gakpo...
2h ago from SportsKeeda.com

David Ornstein confirms Arsenal 'in touch' over...

Reliable journalist David Ornstein has got Arsenal fans excited by...
2h ago from CaughtOffside.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.