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Ferrari F1 have ‘failed’ – Marchionne

Ferrari F1 have 'failed' - Marchionne

Ferrari F1 have ‘failed’ – Marchionne

Home stars Ferrari duo Sebastian Vettel and Kimi Raikkonen filling the second row for tomorrow Italian Grand Prix race.

But Ferrari president Sergio Marchionne recognised before qualifying when he said they had “failed”.

“We failed the targets. I don’t think there’s a doubt in my mind,” Marchionne said on a visit to the Italian GP.

“It’s no use putting sweeteners on the stuff. The car isn’t there and I don’t think we developed it.”

“I feel quite comfortable that this team are capable of turning the fate of the ‘scuderia’ around. Unfortunately we don’t have a lot of season left,” Marchionne added

“Let them finish the season, I think we’ll do the best we can for the rest of ’16 and the fight starts in 2017 with the first race.”

After the Red Bull’s double podium finish at German Grand Prix, Milton Keynes’s squad leap-frogs Ferrari in the F1 constructors’ standings.

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