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Marchionne reiterates Ferrari F1 quit threat still live
Ferrari CEO Sergio Marchionne has reiterated his Formula 1 team’s quit threat from the sport remains in place unless the Scuderia can find “acceptable solutions” with Liberty Media. F1 presented its key proposal points in a meeting with all 10 teams and the FIA leading up to the Bahrain Grand Prix, outlining five key areas which it is looking to implement, including the next set of power unit regulations, a cost cap, and a more even revenue distribution between participating teams. Ferrari issued its latest F1 quit threat last November after an initial blueprint of 2021 engine plans was revealed, and Marchionne warned the Italian manufacturer would pull the plug on its...
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