F1, Ferrari: Mattia Binotto puts hands on budget cap issue

The team principal of the Prancing Horse puts his hands up

At a press conference after the disappointing Mexican Grand Prix for Ferrari, Cavallino Rampante team principal Mattia Binotto returned to the budget cap issue.

The Italian team executive reiterated that he is confident that Ferrari has moved in the right way.

“Let the FIA do the checks. Rather we hope we do not need to wait until October 2023 to know the truth about 2022. For us, I can guarantee that we are preparing for the 2023 season by doing things correctly,” Binotto explained.

Ferrari was founded in 1947 by Enzo Ferrari, in Maranello, in the province of Modena. It is involved in the Formula One World Championship, where it holds the record for the number of world Constructors’ titles won (16), and in the FIA Sport Prototypes and Endurance World Championships. The official symbol is that of the prancing horse on a yellow background, the color representing the city of Modena.