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Ferrari plans to raise budget in 2019

  • 04 Feb 2019 11:34
  • comments 4
  • By: Fergal Walsh

Ferrari chairman and CEO Louis Camilleri has confirmed that the Maranello squad has plans to increase its budget for the 2019 Formula 1 season.

Ferrari enter the year looking to end a long drought of championship glory, having last tasted title success in 2008 when it defeated McLaren in the constructors' championship.

The team is set to launch its new car on February 15th ahead of a new intra-team partnership of Sebastian Vettel and Charles Leclerc. And Camilleri, who took over the head of the organisation following the death of Sergio Marchionne has laid out the teams' objectives for the year ahead.

"While our Formula 1 performance last year was the best one since we won the constructors' championship in 2008, we fell short of our ambition to raise the winners' cup.

"Our objective going forward remains the same as it has always been, to win. In 2019 we project an increase in spending which partially reflects this ambition, but also includes the development expenditures required to address the new tactical regulations that will form part of the envisaged Concorde agreement that should come into force in 2021."


Replies (4)

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  • blade

    Posts: 341

    Just like premiership football, only a few teams can win the prize - like an arms race that means Merc and RB will just do the same. Sad.

    • + 0
    • Feb 4 2019 - 12:36
    • If they would just remove some of the rule restrictions and hope for some blown Brawn GP miracles then the huge budgets wouldn't make as much sense? Emphasis might turn back to innovation and not just pure optimisation.

      • + 0
      • Feb 4 2019 - 12:55
    • xoya

      Posts: 337

      Let's not all forget that Leicester won the premiership 3 seasons ago and that Brawn won in 2009. so it is not impossible, it is just highly unlikely.

      • + 0
      • Feb 4 2019 - 13:46
  • As if it could be any higher? But sure, Mercedes did spend more on their car for 2018...

    • + 0
    • Feb 4 2019 - 19:17

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