MX23RW : Thursday, September 24 15:38:32| >> :120:28890:28890:

Ferrari 'very satisfied' with Concorde terms - Binotto

Ferrari 'very satisfied' with Concorde terms - Binotto
© Reuters
Ferrari is "very satisfied" with the terms of its deal with Formula 1 under the newly-signed 2021-2025 Concorde Agreement.

Ferrari is "very satisfied" with the terms of its deal with Formula 1 under the newly-signed 2021-2025 Concorde Agreement.

Earlier, it was believed Mercedes' unwillingness to sign was because it felt the more attractive terms offered to Ferrari were unfair.

"All the teams have also signed," noted Ferrari team boss Mattia Binotto, "so that shows that we are all positive about the future of the sport."

However, Italian sources report that, as well as the superior financial terms, Ferrari has also retained its controversial and unique rules 'veto'.

"We got what we wanted to get out of it," Binotto, referring to Ferrari's deal, told Sky Italia.

"That was important to us, because we have meant a lot to the history of Formula 1.

"You can always try to get more and you can always get less in the end, but this is an important result. So we are very satisfied," the Italian added.

ID:411036:

Click here for more stories about Mattia Binotto

Click here for more stories about Ferrari

Share this article now:
Did you know...?
Sebastian Vettel pictured on August 6, 2020
Read Next:
Enzo Ferrari would have treated Vettel better - Forghieri
>
Latest Sports Video
Read more about Mattia Binotto Formula 1

rhs 2.0
EFL Cup
UEFA Super Cup
Europa League
Finnish Veikkausliiga
Copa Libertadores
Major League Soccer
Brasileiro
Copa do Brasil
AFC Champions League
Chinese Super League
Super League

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!