With Ferrari pushing back on the lowering of the budget cap, Zak Brown has warned their stance does not "accurately reflect what I think is reality". read more »

McLaren say Ferrari are "living in denial" over their opposition to plans to lower Formula 1's budget cap. read more »

McLaren CEO Zak Brown says Ferrari's arguments against a major budget cap reduction to save smaller teams are 'contradictory' and 'don't stack up' read more »

Ferrari has warned Formula One against making knee-jerk changes to its financial regulations as a result of the coronavirus pandemic. read more »

Ferrari have insisted that they remain committed to Formula 1 following reports that the sport’s oldest and most successful team could walk away if a proposed budget cap for... read more »

After threatening to quit F1 over the budget cap, Mattia Binotto says if smaller teams need help Ferrari is open to supplying customer cars. read more »

Ferrari has released a statement to cool any strong suggestions of the team quitting Formula 1 over the ongoing budget cap row. read more »

Ferrari has clarified comments made by team boss Mattia Binotto and asserted that the squad remains committed to racing in Formula 1. Formula 1 is to introduce a budget cap of... read more »

Ferrari has warned that it could turn its back on Formula 1 and quit the sport if a reduction in the level of a planned budget cap is too extreme read more »

Ferrari boss Mattia Binotto says he would "look at other further options for deploying our racing DNA" if the cost cap was lowered in F1. read more »

Ferrari team principal Mattia Binotto has warned that the manufacturer will have to consider whether to remain in Formula 1 or not if the $145 million budget cap were to... read more »

Not for the first time, Ferrari has threatened to quit F1, as Mattia Binotto warns against a 'one size fits all' budget cap. read more »

Ferrari has threatened to quit Formula 1 if the sport lowers the agreed upon budget cap to less than $150 million. read more »

More than 1,500 F1 jobs could be lost once the proposed budget cap is introduced. read more »

Red Bull principal Christian Horner believes bringing back customer cars is the best way of reducing costs for smaller teams. read more »

Renault will not support a proposal for a two-tier budget cap or one that comes with a sliding scale says Cyril Abiteboul. read more »

If ever the dictatorial approach were needed in F1 it is now, as "constructive" talks on budget cap continue. read more »

The Formula 1 team bosses reportedly had a "constructive" meeting on Thursday but did not agree to a reduced budget cap, at least not yet. read more »

Formula 1 teams and bosses are to meet next week to discuss a proposal to reduce the sport's budget cap to $130m (£104.6m) by 2022. read more »

Ferrari team principal Mattia Binotto would support a reduced budget cap, but has warned that irrational decisions should not be made, brought on by the coronavirus crisis. read more »

The coronavirus pandemic should be the "final wake-up call" for an "unhealthy" Formula 1 championship to make big changes, according to McLaren, as leading... read more »

McLaren boss Andreas Seidl sees the ongoing coronavirus crisis as a moment to trigger F1 changes ahead of crunch talks on the budget cap and other cost-cutting measures. read more »

Formula 1 chiefs should "shake down" the sport's financial model and slash the budget cap to $75 million amid the uncertainty caused by coronavirus, reckons FE... read more »

As Formula 1 debates lowering the budget cap to $100m, FIA president Jean Todt admits even that may not be enough to save all 10 teams. read more »

FIA president Jean Todt has revealed that a different budget cap for supplier and customer F1 teams is being considered. read more »