26 April 2024
Reports of biggest F1 budget ’fantasy’ - Ferrari
"It would be easy to deny the figures with facts"
Ferrari has hit back at reports in a famous British magazine that its budget is the highest in formula one.
Autosport said Ferrari’s annual budget is EUR 250 million; 15 more than world champions Red Bull, and a whopping 90 million higher than any other team.
The fabled Italian team’s anonymous website columnist The Horse Whisperer, however, hit back by insisting the figures are "fantasy", which have drawn "even distinguished newspapers into conclusions that are wildly erroneous".
"It would be easy to deny the figures with facts," Ferrari added, "but the truth about business matters has to stay confidential."
Search
Formula 1 news
26 April 2024
Axed French GP group facing ’embezzlement’ probe
26 April 2024
Hockenheim inches closer to F1 race return
26 April 2024
Official: Hülkenberg lands multi-year Sauber/Audi deal
26 April 2024