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Withdrawal from F1 would boost Ferrari by £100m

Announcing his unease with the proposed engine regulations for 2021 and subsequently threatening to withdraw his team from the sport, when asked how he would feel about being the man who took Ferrari out of Formula One, Sergio Marchionne gave an unexpected answer. I'd feel 'like a million bucks because I'll be working on an alternative strategy to try and replace it', he said. 'A more rational one, too.' While Christian Horner was quick to dismiss the threat to quit as 'bluster' analysis of Ferrari's most recent financial filings suggests Marchionne might not have been exaggerating the situation. While the precise details of Liberty Media's plans to level the playing field for the teams...
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6y ago from Pitpass.com 0
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