News Details

Ferrari questions budget cap amid 2.5 million damage tab

Ferrari boss Mattia Binotto has suggested once again that a level of cost damage should perhaps be excluded from Formula 1's budget cap. Teams are running this season on a maximum $145 million budget, an amount that will drop to $135 million by 2023. But all costs related to damage incurred during the season are funded by a team's budget. Red Bull team boss Christian Horner recently put a $1.8 million price tag on Max Verstappen's crash with Lewis Hamilton in the British Grand Prix at Silverstone. But Ferrari has also faced a few hefty repair bills, which Binotto has estimated to have cost approximately 2.5 million. ©Ferrari "This is the amount we have spent, from Bahrain to Hungary,...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Opinion | Criticisms of the current cost cap are...

The FIA announced a cost cap for the 2021 season in late 2019, with the...
4y ago from GPBlog.com

Red Bull victim of budget cap after damage: Is a...

It took months to agree on a budget cap in Formula 1, but it was finally...
4y ago from GPBlog.com

Ferrari backs Red Bull over budget cap tweak

Aug.5 Ferrari has joined Red Bull in arguing that the budget cap rules...
4y ago from OneStopStrategy.com

2.5m damage has Binotto questioning budget cap

With Ferrari racking up 2.5m worth of damage this year, Mattia Binotto is...
4y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Motorsport Week's Top 10 MotoGP riders of 2025

The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Arsenal put 45m wonderkid on their list of...

Arsenal are understood to be considering a transfer move for AC Milan's...
1h ago from CaughtOffside.com

Arsenal prepared to hijack Man City move for Premier...

Arsenal currently sit top of the Premier League, and in order to...
1h ago from CaughtOffside.com

Three points, and a little extra, up for grabs against...

Morning all. Arsenal are in Premier League action this afternoon, when...
2h ago from Arseblog.com

Chelsea rival Arsenal & Man Utd for 30m wonderkid...

Chelsea are reportedly showing an interest in highly-rated Rennes...
4h ago from CaughtOffside.com

Comments

Hottest News

Aston Martin driver open to Max Verstappen endurance...

Max Verstappen has a fair few drivers wanting to... Read More »
1h ago from RacingNews365.com

Red Bull’s Lambiase linked to sensational Aston Martin...

Red Bull’s inner circle – and Max Verstappen... Read More »
1h ago from F1i.com

Arvid Lindblad handed 'special' Red Bull drive

Arvid Lindblad has received a 'special' Red Bull... Read More »
2h 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.