Connect with us

Chase Carey and Jean Todt, arguably the most powerful men in formula one, have played down Ferrari’s quit threat.

Amid Liberty Media’s plans for new engine and budget cap rules, Ferrari president Sergio Marchionne said the famous marque might not race beyond 2020.

Mercedes’ Toto Wolff, who is normally in political lock-step with Marchionne, says that threat must be taken seriously.

“Everything Marchionne says must be taken seriously,” he insisted.

“F1 must remain the pinnacle of technology and the best competition, and if you dilute this message with standard specifications and false situations that penalise the best and help the weakest, I think that’s not our DNA.”

So when asked if he is currently happy with Liberty, Wolff told Corriere della Sera newspaper: “For now the answer is no.

“But let’s delay that (judgement) for a year. For now I don’t want to vote.”

Part of the dispute with Liberty is about F1’s commercial income this year, which has significantly dipped.

“As we say in the States, there is no such thing as a free lunch, particularly if you’re trying to develop and grow,” F1 chief executive Chase Carey told EFE news agency.

As for Ferrari’s quit threat, he answered: “The Ferrari brand is an incredibly important and valuable partner and our intention is to keep them here.”

According to Tuttosport, FIA president Jean Todt agreed: “I think it would be too painful for Ferrari not to be in formula one.”

Comments

Latest Results




Latest F1 News

2018 F124 mins ago

Vettel misses Schumacher amid 2018 F1 struggle

Sebastian Vettel thinks he would benefit from the advice of his old friend and mentor Michael Schumacher. One analysis of...

2018 F11 day ago

Verstappen says Red Bull never considered deal with Alonso

Max Verstappen says Red Bull never considered signing up Fernando Alonso for 2019. That is despite the fact that, recently,...

2018 F11 day ago

Honda poised to overtake Renault for power

Honda could be poised to overtake Renault and cease having the least powerful engine in F1. Auto Motor und Sport...

2018 F13 days ago

Pascal Wehrlein on pole for 2019 Toro Rosso race seat

Pascal Wehrlein has emerged as a top candidate to return to F1 next year. Just days ago, Mercedes admitted that...

2018 F13 days ago

I’ll be with Force India until the end of 2018 – Ocon

Esteban Ocon says he should keep his Force India cockpit for the rest of the 2018 season. Earlier, there was...

2018 F13 days ago

FIA clears legality of Ferrari’s camera-blocking ‘fan’

F1’s governing body has cleared Ferrari to keep using a controversial airbox fan. In the Singapore pits, the Italian team...

2018 F14 days ago

Ricciardo is worth top dollar – Alain Prost

Paying the big bucks for Daniel Ricciardo is an expense that Renault can fully justify. That is the view of...

2018 F14 days ago

Vettel feeling pressure of 2018 F1 title battle – Red Bull

Sebastian Vettel often struggles with pressure. That is the view of Adrian Newey, Red Bull’s famous technical boss who penned...

2018 F14 days ago

Red Bull excluding Ricciardo from meetings

Daniel Ricciardo is set to be given the cold shoulder by Red Bull. The Australian is moving from the energy...

2018 F14 days ago

Recovering Lauda ‘a lot better’ now – brother

Niki Lauda’s brother says the F1 legend is “a lot better” as he recovers from a lung transplant. The F1...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media