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 »
Share

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...
5y 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...
5y ago from MotorsportWeek.com

Ferrari processing sponsorship loss of AMD to Ferrari

Ferrari have lost sponsor AMD to Mercedes, with the computing giant...
5y ago from FormulaSpy.com

Källenius: Mercedes Exit Rumours are Not True

Daimler CEO Ola Kaellenius has hit back at claims Mercedes are set to...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez assesses his Ducati future beyond 2026...

Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...

Popular On IndyCarToday.com

Scott Dixon awarded prestigious New Zealand honor

To close out 2025, one of IndyCar’s most decorated drivers was awarded...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I don't see where he can stop' - Mikel Arteta hails...

Arsenal manager Mikel Arteta has heaped praise on Declan Rice after his...
11m ago from SportsKeeda.com

Bournemouth 2-3 Arsenal: Twice Rice baby

Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com

'I do not see us becoming champions again' - Liverpool...

Liverpool star Alexis Mac Allister has named Arsenal and Manchester City...
5h ago from SportsKeeda.com

Declan Rice leads Arsenal to thrilling comeback win at...

;/p>Arsenal’s revenge mission this week has been a dish best served...
13h ago from TheGuardian.com

Comments

Hottest News

F1 paddock veterans say Cadillac could be a force in 2026

As Cadillac prepares to make its Formula 1 debut... Read More »
51m ago from F1i.com

Russell favourite to challenge Verstappen in 2026, say...

George Russell hasn’t won a Formula 1 world... Read More »
51m ago from F1i.com

Is George Russell the most misunderstood man in F1?

Each F1 driver has a designated persona on the... Read More »
41m 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.