In early December 2025, Ferrari N.V. replaced its cancelled €350 million unsecured committed revolving credit facility maturing in 2026 with a new five-year €350 million facility at a lower cost of ...

Ferrari boss Fred Vasseur has highlighted the budget cap as one area where all the teams will have to exercise ...

Ferrari’s Laurent Mekies has doubled down on his colleague Mattia Binotto’s assertion that Formula 1’s budget cap must be enforced robustly. On two previous occasions this year, in May and August, ...

Ferrari are beginning to soften their stance toward the idea of Formula 1 introducing a budget cap to the sport. The Scuderia have been a staunch critic to Liberty’s 2021 proposals and have threatened ...

Frederic Vasseur has replaced Mattia Binotto as Ferrari's team principal for 2023. Scuderia Ferrari team principal Frederic Vasseur has called for quicker and stricter action for future cost cap ...

The business of Formula 1 is complex. There are automakers, sponsors, contracts, business interests, loyalties and royalties—and these are all further complicated by the fact that some drivers can be ...

Enzo created the myth that is Ferrari, but his oft-overlooked successor grew the brand into what the Prancing Horse is today. Luca di Montezemolo is the man in question, serving as the big kahuna in ...

Ferrari is considering entering IndyCar in 2022 as it reacts to Formula One's plans to introduce a $145 million budget cap. In an interview with Sky Italia, team principal Mattia Binotto confirmed ...