On Thursday evening, Binotto told Sky Italia that the Scuderia are now considering 'alternative programs', one of which is IndyCar - the series possibly looking more attractive due to a planned switch to hybrid engines for 2022.
“Ferrari feels a lot of social responsibility towards its employees, and we want to be sure that for each of them there will be a workspace in the future” said Binotto,
“For this reason we have started to evaluate alternative programs, and I confirm that we are looking at IndyCar, which is currently a very different category from ours [Formula 1] but with a change of regulation scheduled in 2022.
“In recent weeks there has been a lot of discussion about the downsizing of the budget available for Formula 1 teams,” added Binotto, “and a conclusion has now been reached. The limit of $175 million that had been defined and voted [in 2019] will be lowered to $145m.
“At Ferrari we were structuring ourselves based on the budget approved last year, and the further reduction represents an important challenge that will inevitably lead to review staff, structure and organization.”
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