Mercedes boss Toto Wolff has warned Liberty Media to heed Ferrari’s latest Formula 1 quit threat, adding the sport needs the Italian squad more than the other way around.  Ferrari president Sergio Marchionne threatened to pull Ferrari from F1 in the wake of a blueprint of engine regulations for 2021, which were revealed late last year by FOM and the FIA.  The proposal includes plans to cut costs in a bid to level the playing field and improve the show, a move which has angered Maranello’s hierarchy, with Marchionne claiming Ferrari “will not play” if its own conditions are not met.  While quit threats from the Scuderia are nothing new in F1, Wolff believes Marchionne’s...
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