News Details
Ferrari expects ‘quite critical' year for F1 spending
Ferrari says 2020 will be a “critical” year in terms of its own Formula 1 spending and investment as the manufacturer seeks an end to its title drought. Ferrari released its Q4 earnings earlier this week and recorded
strong results across the board, attributing increased sponsorship and
commercial gains mainly down to its Formula 1 activities. Formula 1 is introducing an annual budget cap of $176m from 2021 (on the assumption of there being 22 rounds) but this does not apply to the 2020 season, prompting suggestions that leading teams will invest heavily before any restrictions become governed by the regulations. The cap will not include marketing activites, driver salaries or costs...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
FIA ready to take action over China as more sports...
Motorsport’s governing body, the FIA, says it will evaluate its...
6y ago from MotorsportWeek.com
Ex-team owner Fernandes in hot water over Airbus'...
Former Formula 1 team owner Tony Fernandes has found himself caught up in...
6y ago from MotorsportWeek.com
Ferrari processing sponsorship loss of AMD to Ferrari
Ferrari have lost sponsor AMD to Mercedes, with the computing giant...
6y ago from FormulaSpy.com
Källenius: Mercedes Exit Rumours are Not True
Daimler CEO Ola Kaellenius has hit back at claims Mercedes are set to...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez escapes injury after nasty 190km/h crash...
No description available...
40m ago from Motorsport.com
The FIM responds to the multiple ‘challenges' on...
The FIM - the governing body of motorcycle racing - has released a...
4h ago from MotorsportWeek.c...
Honda’s 2026 bike feels “naturally fast” – so...
No description available...
3h ago from Motorsport.com
Jorge Martin: "If I can be competitive at COTA, I...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Hunter McElrea tabbed as reserve driver by ECR
No description available...
50m ago from Motorsport.com
Kyffin Simpson explains restart crash in Arlington GP...
A late restart was attempted with one lap to go in the Grand Prix of...
1h ago from MotorsportWeek.c...
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
20h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sandro Tonali delivers response following claims of...
Newcastle United midfielder Sandro Tonali did his talking on the pitch...
2h ago from CaughtOffside.com
'That would worry me a bit' - Jamie Carragher sheds...
Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
1h ago from SportsKeeda.com
Report: Arsenal monitoring long-time Mikel Arteta...
Arsenal are reportedly one of the clubs keeping a close eye on...
2h ago from CaughtOffside.com
New: Liverpool & Arsenal handed boost in pursuit...
Liverpool and Arsenal may have been handed a boost in their rumoured...
6h ago from CaughtOffside.com
Comments
Hottest News
Mattia Binotto makes surprise Jonathan Wheatley Audi...
Audi F1 project chief Mattia Binotto has spoken... Read More »
2h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
7h ago from RacingNews365.com
FIA announce Lewis Hamilton punishment verdict after Max...
The stewarding panel at the Japanese Grand Prix... Read More »
8h ago from GPFans.com
