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Ferrari F1 Quit Threat Is Real

Ferrari President Sergio Marchionne has once again reiterated the team’s threat to leave Formula 1 is real. Having already threatened to walk away from the sport in 2020, Marchionne has now cited that the famous Italian team will quit Formula One if the owners and the FIA head toward a NASCAR style series.

“If F1 becomes more of a spectacle than a sport, if we go in the direction of NASCAR races, then Ferrari will leave,” he said at a shareholders’ meeting, reported by AFP. “If there are any proposals that distort F1, I think Ferrari will pull out.”

Ferrari are already understood to be unhappy with the proposed blueprint from Liberty Media for changes after the current concorde agreement expires in 2020, Ferrari however are not alone with championship rivals MercedesAMG also raising concerns.

Ferrari team principal Maurizio Arrivabene has been a little more conservative.

“We are working with Liberty Media to find acceptable solutions,” he said. “We had a proposal from Liberty 10 days ago, we expect to know the details and then we will make choices in the interest of Ferrari.

“We could look for alternative solutions, it’s not a threat, but it does not mean we stop shopping.”

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