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Ferrari 'adds billions to F1 budget'

2015-03-30 07:55

SUCKING ON SUCCESS: Ferrari's German driver Sebastian Vettel (right) celebrates on the podium with FerrarI chief mechanic Diego Ioverno after winning the 2015 Malaysian F1 GP on March 29, 2015. Image: AFP / Greg Baker

KUALA LUMPUR, Malaysia - Italian outfit Ferrari is catching dominant Formula 1 team Mercedes in more ways than one, according to reports.

The Maranello marque has made a big step forward during the (northern) winter, leapfrogging Red Bull and Williams to become clearly the second force in 2015.

"The Ferraris look great," said reigning F1 champion and Melbourne winner Lewis Hamilton in Malaysia.  "They really do." Then, Ferrari and Sebastian Vettel went and won...


Now, Italy's authoritative La Gazzetta dello Sport reports that Ferrari has ramped up its financial attack on Mercedes, increasing its F1 budget for 2015 from the equivalent of R3.5-billion to R4.8-billion.

"We were looking forward to Williams, to Red Bull, at the beginning," said Ferrari team boss Maurizio Arrivabesne. "Now we need to be a bit more convinced about ourselves and reduce the gap to the Mercedes guys."

Which they did, convincingly, on Sunday at the Qatar F1 GP.

Stay with Wheels24 for the 2015 Formula 1 series.

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