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Ferrari will remain in F1, Todt believes

FIA president Jean Todt is "convinced" that Ferrari will not leave Formula 1, despite the Scuderia's fury over proposed changes to engine regulations and budget caps. Ferrari CEO Sergio Marchionne has been clear that he could decide to pull the famous brand out of F1 after 2020 unless compromises are made. Liberty Media released its vision for F1 in 2021 and beyond at the Bahrain Grand Prix, with "cheaper, simpler" power units and the introduction of a budget cap - reportedly at $150million per year - among the major changes. It has already been confirmed that the complicated and costly MGU-H energy recovery systems will be removed from F1 power units post-2020. READ...
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