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Aston Martin: Use us as leverage in Ferrari's F1 quit threat

Aston Martin president and CEO Andy Palmer believes F1 could use his company's desire to enter the sport as leverage in its dealing with Ferrari. Unhappy - to put it mildly - with the proposed engine rules for 2021, not to mention plans to impose a budget cap of $150m, halve its historic bonus and distribute the prize pot more evenly, Ferrari has not taken it well. Though company president Sergio Marchionne has yet react in detail to the proposals put forward by FOM in Bahrain he has reiterated his earlier threat to quit the sport for a breakaway series. As F1 shapes up for one of its toughest battles yet, new owners Liberty Media about to get their first true glimpse of why (previously)...
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7y ago from Pitpass.com 0
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