Scuderia Ferrari Team Team Principal Mattia Binotto has moved to clarify quotes atributed to him. The Guardian newspaper in the UK reported that Ferrari were threatening to leave Formula One if the budget cap being introduced for next season was too draconian however on Thursday morming, Binotto said that the Prancing Horse would in fact look at entering other racing series.

Binotto has singled out the NTT IndyCar Series as one that the Italiqn manufacturer would consider entering into.

North America is Ferrari’s biggest market and for them them to have a presence in America’s leading open wheel form of racing would be fantastic for the brand. McLaren Racing returned to the NTT IndyCar Series in 2020 having merged with an existing team in Schmidt Peterson Motorsports.

We will just have to wait and see what the future holds.

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