Mattia Binotto: Last News

Lewis Hamilton and George Russell who exerted more pressure on the world champion, and Hamilton could have won it had it not been for late-race virtual and full safety cars.However, once again, Ferrari shot themselves in the foot with comical errors, this time affecting Carlos Sainz. First, after the Spaniard was called in, the mechanics did not have all four wheels ready, meaning a stop which should have taken less than three seconds took more than 12. READ MORE: Carlos Sainz moans 'oh my god' as Ferrari forget tyre during Dutch Grand Prix pitstop Sainz suffered another setback later in the race when he was hit with a time penalty following an unsafe release and eventually finished eighth.

F1 legend Michael Schumacher.Ferrari endured another day to forget at the Hungarian Grand Prix as a bungled tyre strategy cost Charles Leclerc the chance of victory. He came home a frustrated sixth while teammate Carlos Sainz had two slow pit-stops on his way to fourth.Meanwhile, Max Verstappen took victory to extend his already healthy lead in the drivers’ standings while Mercedes closed the gap on the Scuderia in the constructors’ table with second and third for Lewis Hamilton and George Russell. READ MORE: Fernando Alonso’s Aston Martin move could see highly-rated pair get F1 big break After the race, Binotto tried to defend the team, insisting the pace of their car, not strategy, was the problem.

Ferrari following a thrilling British Grand Prix as Carlos Sainz took his maiden F1 win.As the Spaniard celebrated a landmark moment in his career, his teammate, Charles Leclerc was downbeat after feeling a potential had got away from him. Leclerc found himself stuck behind Sainz at various points of the race and demanded to be let through.At one point he was, but the race changed following a late safety car which bunched the pack up.

Christian Horner has made headlines after becoming embroiled in a row with Mercedes boss Toto Wolff over disagreement over something called porpoising.Porpoising is when a Formula 1 car bounces up and down, which is caused by an increase, then a sudden decrease, of downforce.Both Christian and Ferrari’s Mattia Binotto were involved in the debate at the Canadian Grand Prix, which led to Toto Wolff calling them “pitiful”, “disingenuous” and “coming up with little manipulations in the background”.But who is Christian Horner?Who is he and what is his career like?Christian Horner OBE, 48, is a British former racing driver and current Team Principal of the Red Bull Formula One team.He has won four World Constructors' Championships and five World Drivers' Championships, so nine world titles in total.Born in Leamington Spa in 1973, he began his racing career in 1992, and rose to the Formula 3000 ranks before converting to a management role at Red Bull Racing in the late 1990s.

F1 team bosses ahead of the Canadian Grand Prix. Mercedes chief Toto Wolff was said to have been left furious during the meeting, held on Saturday morning before qualifying in Montreal, as arguments over the porpoising and bouncing of cars continues to rage. Reigning constructors’ champions Mercedes have suffered most from the issue.

Mercedes team principal Toto Wolff accused rivals of "pitiful" behaviour amid the cars bouncing row in Formula 1.The Austrian had a bust up with Red Bull's Christian Horner and Ferrari's Mattia Binotto during a meeting at the Canadian Grand Prix. Upon the conclusion of the meeting, he said each one was guilty of "manipulations in the background".This season, Mercedes drivers Lewis Hamilton and George Russell have spoken out about the severe bouncing of cars following the introduction of F1's all-new design regulations, as it has affected their team greatly.

Red Bull, Ferrari and Mercedes are all in agreement with the desire to increase the budget cap for the 2022 season, with Ferrari chief Mattia Binotto declaring there's 'no way' penalties can be avoided. Every team on the grid has a cost cap of $140m (£119m) for 2022, intended to increase competition across the field, but the current economic crisis has led to unexpected pressure and severe risk the regulations will be exceeded.Red Bull's Christian Horner has already warned that teams on the grid could be forced to miss as many as four races in order to adhere to the regulations and Binotto believes that even the top teams will be hit as there's 'no way' penalties can be avoided."I think that there will be no way for us to stay below.

Red Bull driver claimed his first win of the 2022 Formula One season in Monaco as he crossed the line ahead of Ferrari's Carlos Sainz and reigning champion Max Verstappen.

Max Verstappen has seen his hopes of retaining his crown issued a huge blow due to emerging reports of Red Bull's vast spending which pushes them very close to the budget cap.

LIVE – Updated at 17:11Follow live news and reaction as Formula One takes in the results of the inaugural Miami Grand Prix, where Max Verstappen held off a late charge from Charles Leclerc to win and close the gap to the Ferrari driver at the top of the championship standings. All the focus is now to Spain next week, with the Spanish Grand Prix at the Circuit de Barcelona-Catalunya. Verstappen has now won the last two races, with Red Bull responding to Ferrari’s fast start and now threatening to leave their rivals behind.

Mercedes are struggling this season, with the Italian team managing to cope with similar issues.The latest changes to the Formula One regulations for the 2022 season have seen a number of teams encounter 'porpoising' issues that have seen drivers violently bouncing down the track - with floors of the cars being damaged on some occasions.Those issues have led to a disastrous start to the season for Mercedes, who have been unable to find a fix and have been significantly off the pace from title-chasing duo Ferrari and Red Bull - despite the former encountering their own issues.However, while 'porpoising' has decimated Mercedes' pace, Ferrari have still been able to compete - with Charles Leclerc and Carlos Sainz the top two in the Driver's Championship, while the Prancing Horse lead the way in the Constructor's.Binotto was quizzed why other teams have been unable to counter their issues and admitted he wasn't sure, stating: "I don't know why the others are not as quick as we are with porpoising, but it's true that we are still suffering with it."We put some actions on the car to try to mitigate it, but it's not yet addressed and solved.

Ferrari are prioritising Charles Leclerc over the Spaniard amid a contract standoff that is developing with the Spaniard and his team, claims former driver Ralf Schumacher.Sainz currently sits third in the Driver's Championship, despite having to retire last time out at the Australian Grand Prix, in what has been a stellar start to the 2022 for Ferrari - with Leclerc leading the way at the top of the standings.However, Schumacher believes Sainz won't be happy with Ferrari's approach, with Leclerc widely being considered to the number one driver. As a result issues could come to a head amid reports that a contract standoff is brewing.F1 Insider claim that Sainz is seeking a two-year contract with Ferrari, whereas the Italian side are only prepared to offer a one-year deal with an option of a further year.

Charles Leclerc has caused a big stir in the Formula 1 world after he pipped both Lewis Hamilton and Max Verstappen to the top spot of the podium at the Bahrain Grand Prix.Followed in second by his teammate Carlos Sainz, the man from Monaco has put forward a serious statement that Ferrari is back to its best and means business.The 24-year-old has entered 82 races in his life and had already picked up two race wins and 13 podiums before his success in Bahrain. He, Sainz and Ferrari team principal Mattia Binotto will now hope that this latest victory will signal a new era for The Prancing Horse and the Tifosi.But not only is Leclerc insanely fast, as a key member of the group of young drivers now coming of age in Formula 1, he is also one of the most stylish thanks to his sponsorship, birthplace and the team he calls home.According to Celebrity Net Worth, Charles Leclerc has amassed a sizeable fortune of around £9.1 million.His huge fortune comes as little surprise - as a driver for Ferrari, he is the face of one of the most desirable and luxurious motoring brands out there.Leclerc has a sponsorship deal with luxury watchmaker Richard Mille, a deal he has had since the early days of his career.In 2020, Leclerc announced a new deal with Italian fashion firm Giorgio Armani, becoming an ambassador for the house’s Made to Measure Line.On top of his undoubtedly lucrative sponsorship deals, Leclerc is also thought to pull in a hefty salary.

Ferrari over his new Formula One contract despite suffering the “most difficult weekend” at the Bahrain Grand Prix.It is understood Sainz is close to securing his future with the Prancing Horse, with the deal “done” and just needing signing. It comes after the 27-year-old completed a sensational Ferrari 1-2 on Sunday by finishing behind Charles Leclerc.He revealed after the race that a new contract was “extremely close,” while team principal Mattia Binotto added: “I think we found an agreement.

Mick Schumacher - son of Formula 1 legend Michael - will make his F1 debut ahead of this weekend's Tuscan Grand Prix.

Sebastian Vettel ’s future has been thrown into doubt following Ferrari ’s decision.