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Montezemolo prepared to break bank to get Newey

Adrian Newey in high demand Luca di Montezemolo has hinted he will increase Ferrari's budget in order to catch up with dominant Mercedes, including upping their push to lure Adrian Newey to Maranello. The fabled Italian marque has struggled early this season, prompting the exit of team boss Stefano Domenicali. But recent reports suggest Ferrari is now prepared to ‘break the bank' to woo Formula 1′s highest-paid engineer, Newey, to the team. Ferrari can afford him. The Financial Times reports that the company recorded 'record revenues, profits and cash flow' last year, with net profit up to 246 million. Montezemolo is quoted by La Gazzetta dello Sport as saying that while the...
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