Formula 1 dispute: Ferrari team boss causes a stir

Astonished by the force of the statements, which were initially understood as a threat to leave, the Scuderia sought clarification on Thursday. The racing team assured that it was a “misunderstanding”. Binotto's words that Ferrari did not want to have to look for "other options" outside of Formula 1 in the event of a further drastic reduction in the budget limit sounded ominous. The first suspicion: The Scuderia now wants to publicly demonstrate its resistance to further emergency savings programs and is resorting to the sharpest sword, warning against a withdrawal. The Italian racing team actually wanted to celebrate its 1000th Grand Prix in the premier motorsport class this season. There have been 991 so far. No other team has taken part in the World Cup since the first year in 1950. Ferrari is the most dazzling brand in Formula 1. Cost limits remain a contentious issue The core of the highly explosive conflict is the cost limit, which was set at around 2021 million euros for 161 after long debates. But that is no longer enough for most people. After the first rounds of the crisis, a target of 150 million dollars (138 million euros) has already been informally agreed upon. But the small teams and the world association in particular are pushing for an even lower limit because of the Corona emergency. Ferrari counters. The racing team “did not want to be forced into a position” of having to look for alternatives to Formula 1 in order to put the company’s “racing DNA” to use, team boss Binotto was quoted as saying by the “Guardian”. Ferrari says its main fear is that hundreds of jobs would be put at risk by a drastically reduced limit. Which other racing series could be considered? It remains to be seen how serious the Scuderia could be about changing its involvement in motorsport. According to the specialist portal “the-race.com”, the sports car manufacturer would consider starting in the World Endurance Championship or the American Indycar series. It seems questionable whether other racing series would offer the manufacturer such a strong platform as Formula 1. Please note: driver salaries were not included in the initially valid spending limit; further exceptions are also possible. In addition to Ferrari, Red Bull is also considered an opponent of further reductions. According to reports, industry leader Mercedes will not oppose a further moderate reduction.

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Formula 1 dispute: Ferrari team boss causes a stir

Ferrari team boss Mattia Binotto has further forced the explosive cost dispute in Formula 1 with sensitive sentences.

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