Williams Boss Defends Ferrari Getting $100,000,000 More Than All Teams Every Year: “They Bring a Certain Level of Legacy”
Scuderia Ferrari makes a staggering $100,000,000 for having a legacy behind their name. The Prancing Horses receive a unique payment every year from F1 and it is something that no other team receives. As Ferrari receives the huge sum, Williams boss James Vowles, according to Motorsport Total has no problem with it.
The Italian team gets the heritage tax for being a legendary brand that kept its connection with the sport. Furthermore, the Maranello-based team is the only team that competed in F1 every single season, hence it is a sort of bragging right for them.
On top of that, few experts believe that the brand itself is bigger than F1. This can be understood when someone is asked about a team in F1 and the first thing they answer will have Ferrari’s name. Partly because they are also the oldest F1 team by far.
Vowles is fine with Ferrari receiving Heritage tax
As Ferrari receives Heritage tax from F1 every year, Vowles sees nothing wrong with it. Furthermore, the Williams boss also argued in favor of it. Talking about this, the former Mercedes engineer said, “I think Ferrari brings something special to the sport. We have to be honest about that.”
“If you ask the average person who they know in Formula 1, you will see that Ferrari is still a name that sticks out. That’s the truth behind it. They bring a certain level of legacy and recognition to the sport, so I think there’s a reason these things are there,” further added the Williams boss.
Enzo Ferrari left us on 14 August 1988, but his legacy certainly hasn’t.
People, technologies, buildings. Our Maranello factory’s expansion stands testament to his vision, enabling us to push boundaries and shape the future of automotive innovation. #Ferrari #RememberingEnzo pic.twitter.com/rJiLvZFFZM— Scuderia Ferrari (@ScuderiaFerrari) August 14, 2023
With the additional $100 million, Ferrari also saves a lot of money as they don’t get to spend much on the F1 team due to the budget cap restriction. And even after that, they couldn’t make a dent in their performance and are now looking at ways to reverse them.
Ferrari’s struggle despite being the most successful team
Scuderia Ferrari is the most successful team in F1 history. They have 16 Constructors’ championships and 15 drivers’ championships under them. But all of these are past as they have not won a single championship since 2008.
A huge shoutout to all our incredible team members on and off track ❤️ pic.twitter.com/MZaMbTHQZ8
— Scuderia Ferrari HP (@ScuderiaFerrari) August 11, 2023
Despite being the Heritage team of the sport, Ferrari’s off-form has been a pain for the Tifosi for 15 years now. And even in 2023, they look far from claiming any of the two available titles.
The cost cap was brought by F1 to level the playing field, but it did not help them either as they have been in the shadows of Red Bull and Mercedes in the last one and a half decades. All in all, the Heritage team of F1 is slowly but steadily fading away.
About the author
-
Aditya Srivastava •
Carlos Sainz Boasts Secret Recipe Ferrari Got Right That Other Teams Have Miserably Failed at Mastering
-
Tanish Chachra •
“It’s a bit sad leaving the team this way”- Sergio Perez on his last race debacle for Racing Point
-
Aishwary Gaonkar •
“We Have a Bit More Fun”: Max Verstappen on What Separates Red Bull From Other Teams
-
Tanish Chachra •
“It seemed like we’d lost a bit of pace”– Mercedes fears Red Bull in COTA after FP2 pace degradation
-
Tanish Chachra •
“Their last chance or their first chance and last chance to win a championship”– Former World Champion on Red Bull’s 2021 contention
-
Utkarsh Bhatla •
WATCH: Hamilton calls Verstappen a dickhead
