Should Formula One teams suffer a financial penalty for causing crash damage to a rival team? The answer according to Scuderia Ferrari Team Principal Mattia Binotto is yes. Speaking in the wake of the chaotic Hungarian Grand Prix on Sunday which saw McLaren, Red Bull and Ferrari all suffer car retirements as a result of an accident caused by Mercedes Valtteri Bottas, Binotto believes that having a system in place where the offending team pays the price for damage caused would make the drivers of that team more responsible.

Red Bull Racing for example, through no fault of their own, suffered two DNF’s in the last two races with Max Verstappen’s crash in Silverstone costing the team roughly $1.8 million after Lewis Hamilton collided with the Dutch driver while on Sunday, the Dutch driver had to have an engine change due to a crack in his engine brought on by the crash with Hamilton and the engine having been sent to Japan for tests.

Meanwhile, Sergio Perez also suffered a retirement in Hungary as a result of crash damage as did McLaren’s Lando Norris while the Haas F1 Team’s Nikita Mazepin was also forced to retire after the Alfa Romeo Racing ORLEN Formula One Team released Kimi Raikkonen into the path of the Russian resulting in the Iceman colliding with the Haas driver and as a result was handed a ten-second penalty.

Binotto’s team also suffered a retirement due to crash damage with Charles Leclerc getting caught up in the first corner incident. The Italian believes that Formula One, the FIA, and the teams should come up with a built-in crash fund in the budget cap but he is not sure how it would work.

One possible solution could be that the teams agree to have a crash sinking fund where each team contributes $1 million at the start of each season meaning that there is a fund of $10 million a year available if repairs need to be carried out.

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