The first race of the 2003 Formula One season, the , was the first race since the 1999 European Grand Prix where neither Ferrari driver had finished on the podium. McLaren had an early lead in the standings, but Ferrari had closed the points gap by the . Both championships were still undecided at the last round of the 2003 season, the . After having started 14th, Schumacher finished eighth in the race, and clinched his sixth championship by two points over McLaren driver Kimi Räikkönen, surpassing Juan Manuel Fangio's record; Ferrari managed to win their 13th Constructors' Championship with Rubens Barrichello winning the race after starting from pole position. In 2003, F1 magazine reported that Ferrari's budget was $443,800,000.