Ferrari have always been one of the staples of Formula 1, having entered every race in its 75-year history, but they hasn’t always been successful.
Right now they are going through another lull period of success, having yet to win a championship since Kimi Raikkonen’s title-winning season in 2007.
Fernando Alonso came close between 2010 and 2012, having just been beaten by Sebastian Vettel and the might of Red Bull, while Lewis Hamilton has recently joined Ferrari in a bid to bring them back to winning ways.
The combination of Hamilton and a driver they have backed through their academy, Charles Leclerc, should allow them to recapture the glory years of Michael Schumacher through the early 00s.
Instead, other problems are impacting the team, which Guenther Steiner outlines in the latest Red Flags podcast.
Guenther Steiner thinks there are too many ‘negatives’ for Ferrari to attract right talent to succeed
Ferrari has always been one of the few teams that are based outside of motorsport’s Silicon Valley in Milton Keynes, which is why they struggle to attract more talent compared to other teams.
Steiner believes this is the main reason for them failing to attract the right talent to bring them back to winning ways, having missed out on Adrian Newey last season to Aston Martin.
“With the budget cap, you cannot pay people whatever you need to pay them to move. Can you imagine working in England, you get the choice scenario: You have a good job with a good team, you’re well paid. Or you go to Italy, and you’re not getting as much because of the budget cap,” said Steiner.
“Then maybe the family doesn’t want to move to Italy. Brexit didn’t make it easier for anything, so there are a lot of negatives in there which have changed for Ferrari.”
READ MORE: All you need to know about Scuderia Ferrari from team principal to factory
Audi and Cadillac follow other teams with bases in the UK
Both Audi and Cadillac now have bases in the UK for their operations, with Audi recently announcing a facility that should enable them to attract more talent.
Sauber, which Audi will take over in 2026, has historically struggled to get engineering talent to move to its headquarters in Hinwil, Switzerland, due to the higher cost of living in the country.
Italy used to have the Decreto Crescita ‘Beckham Law’, which was abolished in 2024, which enabled foreign workers to pay 50% on their income for a set period.
Hamilton brought a few engineers with him over from Mercedes, but so far, Ferrari have struggled to bring in the ‘creativity’ that is present at other teams such as Red Bull.
