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Vettel: Formula 1 ‘family' must protect smaller teams
Ferrari's Sebastian Vettel believes Formula 1 needs to put the financial measures in place to keep the smaller teams in operation. The COVID-19 pandemic has put a lot of strain on the finances for all ten teams with racing on hold, and many of the smaller teams on the grid don't have the kind of resources as those at the top to safeguard their future. Formula 1 bosses have been honest in saying that some teams could be lost from the series, and there are ongoing talks about reducing the budget cap from its agreed limit of $175m per season. The top three teams, Mercedes, and in particular Ferrari and Red Bull are concerned though about further reductions to the cap and Ferrari team...
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6y ago from PlanetF1.com
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