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

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

FA Cup quarter-final draw: Man City face Liverpool

Manchester City have been drawn against Liverpool in the FA Cup...
27m ago from SkySports.com

Bayer Leverkusen vs Arsenal Prediction and Betting...

Bayer Leverkusen welcome Arsenal for the first leg of their UEFA Champions...
7m ago from SportsKeeda.com

'He's dangerous for society' – Patrice Evra labels...

Manchester United legend Patrice Evra has suggested that former Arsenal...
3h ago from SportsKeeda.com

Why do so many people want Arsenal to fail in the...

leaders haven’t won the title in more than 20 years. Yet very few...
4h ago from TheGuardian.com

Comments

Hottest News

Max Verstappen rages at F1 driver leaking private...

Max Versappen is not best pleased with one of his... Read More »
56m ago from GPFans.com

F1: FIA to act on energy management before Japan?

There is growing speculation that the FIA will... Read More »
2h ago from Pitpass.com

Toto Wolff looking to block Christian Horner's F1 return -...

Christian Horner's F1 return could be thwarted by... Read More »
1h ago from GPFans.com

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.