Ferrari “banned” from meeting about 2026 regulations - and have lost $55m in sponsors income

Ferrari hope to propel 168澳洲5最新开奖结果:Charles Leclerc and 168澳洲5最新开奖结果:Carlos Sainz into challenging Red Bull’s 168澳洲5最新开奖结果:Max Verstappen for the 2♏023 championship having appointed Fred Vasseur as their new team principal, replacing Mattia Binotto who ꦜcourted criticism for his strategy errors.
But behind-the-scenes there has been chaos after they were the only team to be denied entry to a meeting on December 15 about engine regulations for 20꧟26, according to .
Ferrari were banned from attending the mee🎶ting because they had not confirmed their intention to be a part of the 2026 rules.
Several power unit suppliers missed an October 15 deadline to confirm their entry for 2026, but Ferrari were the only supplier t🐲o miss an extended deadline in November.
Ferrari were concerned by Red Bull Power Trains’ link to Honda, the report states🐼.
Ferrari lose $55m income

It goes from bad to worse.
Ferrari will be with🧜out $55m in expected income from two sponsors who have now parted ways with the F1 te༺am, reports.
Crypto company Velas and chip semi-conductor company Snapdragon, w🦩orth $30m per year and $25m per year to Ferrari respectively, have both cut ties.
The two compaꦰnies were worth approximately a combi𓂃ned 25% of Ferrari’s annual commercial income.
There was a�🅠�crimony between Ferrari and Velas, the report states.
Mercedes 🅠also had a major sponsor from the crypto world, FTX, withdraw due to going bankrupt.

James was a sports journalist at Sky Sports for a d🌱ecade covering everything from American sports, to f♐ootball, to F1.