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Marchionne reluctant to throw any more money at Ferrari F1 team
Ferrari president Sergio Marchionne says he has "thrown all the money" he would like to at his Formula 1 team, as he insists it is now time for it to start doing better. The Italian outfit had gone into 2016 amid high expectations from Marchionne – who expected a winning start to the campaign and a full-on assault on the F1 world championship. In the end, Ferrari fell short, having failed to win a single grand prix so far this year and even slipping behind Red Bull in the fight to be runners up behind Mercedes in the title chase. Speaking in an investors' teleconference, Marchionne made clear that he had given Ferrari everything it needed to be successful, as he ruled out any...
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7y ago from Motorsport.com
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