News Details

Binotto: ‘Shame if Formula 1 dictated by budget cap'

Ferrari team principal Mattia Binotto says it would be a shame if the budget cap, rather than innovation, dictates Formula 1 in 2022. With electricity and freight travel costs rising sharply, alongside other essentials for Formula 1 teams, there is a growing push from some parts of the grid for the budget cap to be increased. Red Bull's Christian Horner has warned seven teams risk having to sit out the last four races of 2022 should no increase be agreed. And Binotto has stressed a limit on spending should not be allowed to put a stop to development. Asked by reporters if he agreed with Horner that the cap needs raising, Binotto replied: 'Yes, I agree. I think many teams are agreeing with...
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Horner: All major teams will certainly breach budget...

Red Bull boss Christian Horner warned that some Formula 1 team might miss...
3y ago from GrandPrix247.com

‘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

Elsewhere On The Network

Popular On MGPToday.com

Yamaha reveals why it ‘took the difficult route’...

Technical Director Max Bartolini admits Yamaha “took the difficult...
14h ago from MotorsportWeek.c...

Pedro Acosta takes dramatic Thai MotoGP Sprint victory...

KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar St. Petersburg – Qualifying Results

25 drivers of the NTT IndyCar Series took to the streets of St....

Scott McLaughlin rockets to the top in IndyCar...

The NTT IndyCar Series took to the streets of St. Petersburg late...

Popular On TotalWRC.com

Popular On GunnersToday.com

This 'unbelievable' star a better option than Sandro...

Former Arsenal star Anders Limpar has suggested that the Gunners don't...
14h ago from CaughtOffside.com

Talks held: Barcelona working on signing 45m Arsenal...

Barcelona are reportedly already in talks with intermediaries over a...
14h ago from CaughtOffside.com

Arsenal vs Chelsea Prediction and Betting Tips | 1st...

The Premier League is back in action with another massive clash between...
17h ago from SportsKeeda.com

'More difficult than the Champions League' - Chelsea...

Chelsea midfielder Andre Santos has said that the Premier League is even...
17h 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.