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McLaren boss Zak Brown claims Ferrari are in denial over budget cap

McLaren boss Zak Brown has accused Ferrari of being in denial about the existential threat Formula One faces from coronavirus as arguments heat up over how much teams should be allowed to spend.

F1 is introducing a budget cap next year, with teams discussing lowering it from the original $175 million to $145m but McLaren and others seeking a further drop to around $100m with Ferrari opposed.