Motor racing: McLaren's Brown says Ferrari are in denial over budget cap

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LONDON - McLaren boss Zak Brown has accused Ferrari of being in denial about the existential threat Formula One faces from COVID-19 as arguments heat up over how much teams should be allowed to spend.

Formula One is introducing a budget cap next year, with teams agreed on $145 million but McLaren and others seeking a further drop to around $100 million with Ferrari opposed.

"I think we all recognise that in modern times we are going through the biggest crisis the world has seen. You have countries shut down, industries shut down and to not be in a hurry to address what’s going on I think is a critical mistake. "To take our time I think is a very poor leadership strategy," said Brown, who has previously warned that the sport risks losing as many as four of the 10 teams if the crisis is not handled correctly.Formula One's season has yet to start and is not likely to get going until July, with European races behind closed doors.

Brown also took issue with a suggestion that Formula One risked being devalued as the pinnacle of motorsport and said no other series came close in technical sophistication.

Source: Car News Wire (carnewswire.net)

 

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