Team Principal of Scuderia Ferrari Mattia Binotto has explained he does not believe the order in the 2021 FIA Formula 1 Championship season will change even with the new regulations which are due to come in place.
2021 will see new technical, sporting, and financial regulations will come into play for the season. There will be a new budget cap introduced which will see F1 teams capped at $175 million of spending.
The budget cap is being introduced as F1 and Liberty Media are wanting to close that gap seen in F1 between the top teams of Mercedes AMG Petronas, Red Bull Racing, Ferrari, and the current midfield teams.
Binotto, speaking to La Gazzetta Dello Sport warned that he does not believe the order in F1 will be changing even with the new budget cap.
He said: “These new rules will provide stability to F1 for the next five years, but next year I think the teams with more resources will have a competitive advantage over the others. In 2021, the scenario will not be very different from what we have today.”
Binotto, who took over as team principal in the 2019 FIA Formula 1 Championship, seemed to make it clear, that he thinks the regulation will allow the teams to be able to do more with the car designs.
“Certainly the new regulations are designed in such a way that the degree of freedom of development will be greatly reduced compared to today,”
He explained that he believes the performance gap will become smaller through the years as he hinted that he felt the changes will just take time to settle as the teams are hoping the gap will reduce.
“I am quite convinced that we will arrive at a ceiling of performance soon enough. Within three years of the regulations’ introduction, the performance gap between the first and last will be reduced. In short, the goal that Liberty Media has set itself to level the playing field can be achieved, but it won’t happen immediately.”