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Investments key factor for Ferrari 2020. Camilleri: we invest more in order to win

The 'Cavallino' CEO admits that a part of the 2021 budget will be already used in this season for anticipating the financial constraints

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Investments key factor for Ferrari 2020. Camilleri: we invest more in order  to win
Fuente imagen: Twitter.com

The 2021 regulations are already having their effects on others than the technical side of the competition: after the introduction of the Pirelli "18 tyres and the revolution of the car design, the financial area is now at the center of the first moves.

Yesterday, at the conference call with the analysts, CEO of Ferrari spoke about the company results and spent some words about the future expenses of the F1 team.

After having mentioned the break of the '10.000 wall' of cars sold in 2019, Camilleri focused then on the next plan of investments programmed:

This year will be quite critical for Formula 1. Our ambition remains, as always, to try to win and, therefore, we will continue to invest in our infrastructure, resources and technologies, while we continue to develop the 2020 car as the season progresses

The referring has been linked to the new simulator approved before the budget cap, developed for levelling the expenditures between top teams and other squads.

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But suddenly, the CEO admits that a slice of the 2021 destined budget will be spent already in the current season for anticipating the efforts needed for the technical project management:

The new technical standards coming into force in 2021 will lead to the development of a very different car, which will require additional resources and expenditure already this year

 

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