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UPS - How Ferrari NV Would Profit From An F1 Budget Limit
United Parcel Service Inc.
Formula One Group (FWONK) is said to be considering a budget limit for teams competing in the Formula 1 world championship, the world's most prestigious motorsports series. Reportedly the proposed budget limit would start at $200 million (according to other reports $175 million) for the 2021 season and would be set to gradually decrease to $135 million until 2023. The cost of engine leasing and maybe the expenses for employing drivers might be excluded from these figures.
However, the teams also have a say in such decisions. For years, Ferrari NV's (RACE