News Details
Ferrari president Marchionne would not welcome F1 budget cap
With rumours that Liberty Media, the new owners of Formula 1, are looking to enforce some kind of budget cap on the sport, Scuderia Ferrari president Sergio Marchionne does not believe that restricting costs would work, especially with factory teams on the grid. Whilst Marchionne understands the need to reduce costs in an expensive sport, he believes limiting the amount a team can spend is not the solution, feeling that progress will be limited as teams will be forced to focus on certain areas of development and overlooking others. 'The interventions there have been up to now, from limitations on the cost of supplying power units to the reduction of wind-tunnel hours, have been totally...
Full Story »
Full Story »
8y ago from TheCheckeredFlag.co.uk
0
You May Also Be Interested In...
Top Stories of 2016, #2: Liberty Media takes command...
Our second biggest story of the 2016 motorsport season is that of US...
8y ago from Motorsport.com
Ferrari president insists a budget cap won't work in...
Ferrari president Sergio Marchionne insists a budget cap in Formula 1...
8y ago from GrandPrixTimes.com
Wolff brushes off ‘conflict of interest’...
Toto Wolff insists he has no conflict of interest despite being part of...
8y ago from TheCheckeredFlag....
Interview: Pirelli on Formula 1's new era
– Formula 1 will introduce all-new technical regulations in 2017,...
8y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
10h ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
11h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
6h ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
2d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
9h ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
14h ago from Motorsport.com
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta admits long-term future at Arsenal...
t;li>Spaniard approaches sixth anniversary in chargeArteta ‘has to...
2h ago from TheGuardian.com
Premier League news: Guardiola dismisses exit talk and...
No description available...
6h ago from TheGuardian.com
'It has to be this year' - Thierry Henry sends PL...
Arsenal legend Thierry Henry has told club manager Mikel Arteta to avoid...
8h ago from SportsKeeda.com
'I don't want to leave' – Arsenal star ends all...
Gabriel Jesus has delivered a powerful statement of intent regarding his...
14h ago from CaughtOffside.com
Comments
Hottest News
Mercedes reveal how 'new era' of F1 cars will sound in 2026
Mercedes have revealed the first taste of their... Read More »
2h ago from GPFans.com
Why the FIA is already facing controversy surrounding...
F1 is edging towards its first major dispute of... Read More »
4h ago from MotorsportWeek.com
Ferrari F1 boss hints at Lewis Hamilton reshuffle in 2026
Ferrari F1 team principal Fred Vasseur has... Read More »
4h ago from GPFans.com
