Binotto urges against "emotional" decisions on F1 future

Ferrari Formula 1 team boss Mattia Binotto says he's open to a reduction in the cost cap for 2021, but says the sport should avoid making "emotional" decisions in response to the COVID-19 crisis.

Binotto urges against "emotional" decisions on F1 future

Teams have provisionally agreed to reduce the cap, outlined in the new FIA financial regulations, from $175m to $150m.

However, McLaren and others are now pushing for $125m, and a sliding scale downwards has been discussed for future years.

Ferrari, who along with Mercedes and Red Bull are most affected by the cap, have reservations about dropping any further without the consequences being properly assessed.

"We are fully aware of the difficulties of some teams," Binotto told Sky Sports News. "We are fully aware that we somehow need to address costs for the future of F1, reducing the costs, which is the first driver of making each single team surviving.

"We are currently discussing with F1, the FIA and all the teams a budget cap reduction, but we should not forget when doing that exercise somehow that we've got different structures, we've got different assets."

Read Also:

As previously revealed, Monday's online meeting of team principals and F1 bosses featured a discussion about different cap levels for different teams – with those who design and supply parts getting a higher level than their customers.

"There are teams which are constructors, [like] Ferrari and other top teams, where we are designing, developing, homologating and producing each single component of our cars.

"Other teams are customers, so buying some parts, so not having the same structure obviously because they're not designing, developing, et cetera all those components.

"So I think when discussing a budget cap, we should not forget that we've got different situations, and it's important that we found common ground somehow which is suiting to the different situations, and maybe the answer is not a single budget cap equal for all the teams finally.

"More important as I said, we had a meeting [on Monday] with all the teams, FIA, the F1, and I think it has been a constructive and positive meeting. I think there are still let me say analysis required to make the right decisions. I think we should avoid really to be emotional at the moment.

"We know we will face difficult situations, but we need as well to somehow maintain what was the DNA and essence of F1 which is competition, and we should not forget about the F1 and the motorsport.

"I think it's important clearly to look at all the details and make a rational decision which has been based on all the considerations and not emotions."

Binotto agreed it was not a good time to make such big decisions.

"No, certainly not. So what you need as well is to have a long-term view.

"I think it's important that we altogether look ahead, and make sure we are taking the proper decision with proper priorities. But as I said before, I don't think we should avoid simply acting on an emotional basis at the moment."

Binotto is fully behind the decision to postpone the change of regulations from 2021 to 2022.

"I think it was the right and good decision, because it has to be a responsible decision. I think the situation and the emergency we are facing is the priority. I think we cannot only act in the interests of a single team, in the interests of Ferrari, but really looking at the wider picture and wider situation.

"We know time would become very tight to develop two cars for 2021, so I think at the end that was the right choice, and is that somehow not be in favour of Ferrari, very likely yes, maybe.

"But I think that we are challengers, and we are as well people that want to do each time better than what we did in the past, and there will be times where eventually, even if they will be tight, we can recover and be stronger."

shares
comments
The race that unearthed Schumacher's greatest rival
Previous article

The race that unearthed Schumacher's greatest rival

Next article

Todt: Ferrari 'opposed' to releasing engine case details

Todt: Ferrari 'opposed' to releasing engine case details
Load comments
How getting sacked from Benetton made Mercedes' Allison Prime

How getting sacked from Benetton made Mercedes' Allison

He’s had a hand in world championship-winning Formula 1 cars for Benetton, Renault and Mercedes, and was also a cog in the Schumacher-Ferrari axis. Having recently ‘moved upstairs’ as Mercedes chief technical officer, James Allison tells Stuart Codling about his career path and why being axed by Benetton was one of the best things that ever happened to him.

Formula 1
Nov 28, 2021
The remarkable qualities that propelled Kubica’s F1 comeback Prime

The remarkable qualities that propelled Kubica’s F1 comeback

It’s easy to look at Robert Kubica’s second Formula 1 career and feel a sense of sadness that he didn’t reach the heights for which he seemed destined. But as Ben Anderson discovered, performance and results are almost meaningless in this context – something more fundamental and incredible happened…

Formula 1
Nov 27, 2021
The humbling changes Ricciardo made to deliver for McLaren Prime

The humbling changes Ricciardo made to deliver for McLaren

From being lapped by his own teammate in Monaco to winning at Monza, it’s been a tumultuous first season at McLaren for Daniel Ricciardo. But, as he tells STUART CODLING, there’s more to the story of his turnaround than having a lovely summer holiday during Formula 1's summer break...

Formula 1
Nov 26, 2021
The potential benefits of losing the F1 constructors' title Prime

The potential benefits of losing the F1 constructors' title

As the battle continues to rage over the F1 2021 drivers' championship, teams up and down the grid are turning their attentions to the prize money attributed to each position in the constructors' standings. But F1's sliding scale rules governing wind tunnel and CFD use will soften the blow for those who miss out on the top places

Formula 1
Nov 25, 2021
The invisible enemy that's made Hamilton's title charge tougher Prime

The invisible enemy that's made Hamilton's title charge tougher

After winning his past few Formula 1 titles as a canter, Lewis Hamilton currently trails Max Verstappen by eight points heading into the final double-header of 2021. Although Red Bull has been his biggest on-track challenge, Hamilton feels that he has just as much to grapple with away from the circuit

Formula 1
Nov 24, 2021
Why F1's inconvenient penalties have to stay Prime

Why F1's inconvenient penalties have to stay

OPINION: Quibbles over the length of time taken by Formula 1's stewards over decisions are entirely valid. But however inconvenient it is, there can be no questioning the importance of having clearly defined rules that everyone understands and can stick to. Recent events have shown that ambiguity could have big consequences

Formula 1
Nov 23, 2021
The mistakes Red Bull cannot afford to repeat in F1 2021's title fight climax Prime

The mistakes Red Bull cannot afford to repeat in F1 2021's title fight climax

OPINION: Red Bull has had Formula 1’s fastest package for most of 2021, but in several of the title run-in events it has wasted the RB16B’s potential. It cannot afford to do so again with Lewis Hamilton motoring back towards Max Verstappen in the drivers’ standings with two rounds remaining

Formula 1
Nov 23, 2021
Qatar Grand Prix driver ratings Prime

Qatar Grand Prix driver ratings

Qatar was a virtual unknown for most as Formula 1 made its inaugural visit to the Gulf state, and tyre management quickly emerged as an even more critical factor than normal. Perhaps then it should come as no surprise that two of the championship's elder statesmen produced standout drives

Formula 1
Nov 22, 2021