Monday, 7 November 2011

Ferrari In Dramatic Pull-Out Threat

Ferrari president Luca di Montezemolo has warned rivals and rulemakers that his team could quit Formula 1 if they do not like the shape of the sport's future rules.

Di Montezemolo has long called for changes to technical rules to reduce the reliance on aerodynamics, a greater testing allowance, and the chance for top teams to run third cars.

But now he has warned that Ferrari are willing to walk away from the sport if their demands are not met.

"Formula 1 is still our life, but without Ferrari there is no Formula 1, just as without Formula 1 Ferrari would be different," said di Montezemolo.

"We can be very patient but there are precise conditions for us to continue with our work. 

"We race not just for the publicity it brings us but above all to carry out advanced research aimed at all aspects of our road cars: engine, chassis, mechanical components, electronics, materials and aerodynamics, to such an extent that the technology transfer from track to road has grown exponentially over the past twenty years.

"What is not so good is that 90 per cent of performance is now based exclusively on aerodynamics and another negative is that ours is the only sport where no testing is allowed.

"We are building cars, not helicopters, rockets or planes. 

"Sure, we must not go back to the excesses of a few years ago, but neither should we be in a position where we can't provide opportunities for the youngsters we are bringing on in the Ferrari Driver Academy.

"Finally, there's the issue of the third car, which mark my words, we support not so much for our own interests but more for those of the sport in general."

He reiterated his long-held belief that fans would rather see top teams like Ferraris running extra cars than the current backmarker squads.

"We believe the interest of the fans, media and sponsors could increase if there is a bigger number of competitive cars on track rather than cars that are two or three seconds off the pace, being lapped after just a few laps," said di Montezemolo.

"It would be nice one day in the future to see one of our cars running in American colours, or Chinese, or maybe those of Abu Dhabi."

Di Montezemolo vowed that there would be no compromise in Ferrari's position.

"We will support our views as we see fit, in the best way possible, but let's be clear, for those who agree, that is fine, but otherwise they will just have to accept it is our position," he declared.

"If Formula 1 still wants Ferrari it must change and go back to being at the cutting edge of research, while always keeping an eye on costs.

"We are not in Formula 1 as sponsors, we are constructors."

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