Binotto has proposed to introduce uneven reduction of the budget for teams

Head of “Ferrari” Mattia Binotto concerned about the situation with the ongoing process of budget constraints for 2021. According to the functionary, Formula 1 is to explore options with irregular lower costs.

“This issue is a concern. We understand the difficulties facing some of the teams. But when discussing cost reduction, we must remember that different teams and different structures. We are a team of manufacturer. We are developing components that produce them and so on. At the same time, there are teams-customers who just buy items.

So speaking about the limitations of the budgets, we need to understand that someone does not have a structure similar to ours. We must come to a common decision, and perhaps uneven lower budgets will be the right decision”, — quotes the words of Binotto Sky Sports.

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