Ferrari ’very satisfied’ with Concorde terms - Binotto
"That was important to us"
Search

Ferrari is "very satisfied" with the terms of its deal with Formula 1 under the newly-signed 2021-2025 Concorde Agreement.
Earlier, it was believed Mercedes’ unwillingness to sign was because it felt the more attractive terms offered to Ferrari were unfair.
"All the teams have also signed," noted Ferrari team boss Mattia Binotto, "so that shows that we are all positive about the future of the sport."
However, Italian sources report that, as well as the superior financial terms, Ferrari has also retained its controversial and unique rules ’veto’.
"We got what we wanted to get out of it," Binotto, referring to Ferrari’s deal, told Sky Italia.
"That was important to us, because we have meant a lot to the history of Formula 1.
"You can always try to get more and you can always get less in the end, but this is an important result. So we are very satisfied," the Italian added.
Ferrari
add_circle Ferrari cannot recover engine deficit in 2021 - Vasseur
add_circle Ferrari enters the Le Mans Hypercar era in 2023
add_circle Alfa Romeo ’had to use less fuel’ in 2020 - Salo
add_circle 2021 Ferrari engine will be better - Vasseur
More on Ferrari
F1 - FOM - Liberty Media
add_circle Verstappen no fan of F1’s sprint race idea
add_circle F1 teams receive FIA’s prototype sustainable fuel
add_circle No F1 spectators ’until summer’ - Domenicali
add_circle No ’green Mercedes’ saga in 2021 - Domenicali
add_circle F1 should tweak new ’sprint race’ idea - Ecclestone
More on F1 - FOM - Liberty Media