Ferrari ‘could quit’ over standards as F1's energy battle proceeds - Betting News | Sports News | Casinos News | Gaming Reviews

Ferrari ‘could quit’ over standards as F1’s energy battle proceeds

Ferrari says they could consider their future in Formula 1 if the standards change in ways they don’t care for.

President Sergio Marchionne said stopping was “possible but very, very unlikely”, including:  “Ferrari would find other ways to express its ability to race and to win.

“Ferrari cannot be put in a corner on its knees and say nothing.”

The notice comes as F1 supervisor Bernie Ecclestone is pushing for the game to change to less expensive, easier motors.

Marchionne’s comments are the most recent advancement in a continuous force battle in F1 between the street automakers on one side and Ecclestone and Jean Todt, president of administering body the FIA, on the other.

The makers succeeded a month ago in killing off an arrangement by Todt and Ecclestone to present a less expensive option motor that would race close by the turbo half-breeds.

That took after the utilization of Ferrari’s contractual right of veto in October to obstruct a move by Todt to compel a top on the cost at which motors are sold to client groups.

Be that as it may, the producers have been constrained into consenting to investigate methods for changing the motors – making them easier and less expensive, ensuring their accessibility and making them noisier.

Ferrari has additionally dissented against the choice by the FIA to give Ecclestone and Todt a command “to make recommendations and decisions regarding a number of pressing issues in F1”.

Ferrari has kept in touch with the FIA communicating their perspective that it has no privilege to give Ecclestone and Todt this force and that the principle making method must be taken after.

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Marchionne said: “It’s a choice that we obviously do not share because we believe that the development of the regulations should be done in a coordinated manner.

“This view is also shared by Mercedes and Renault. Here we spend hundreds of millions of Euros, so we are talking about decisions that should not be taken lightly.

“The problem is that in trying to create a power-unit that is more affordable for smaller teams, we are in a way taking away from those organisations that are able to develop. And that is the reason why we go racing.

“We go to the track to prove to ourselves and to everyone our ability to manage the power unit. If we begin to undermine this advantage, Ferrari has no intention of racing.”

He said streamlining the innovation in F1 in the way of the mainstream US-based Nascar stock-auto hustling arrangement would mean the automakers “would lose the advantage of experience in track solutions, which can then have an impact on production”.

He said he “understood very well” the precarious financial situation of some of the smaller teams, but added: “This is something that FOM (Ecclestone’s commercial rights company) has to solve; it is not something Ferrari has to solve.”

Marchionne likewise depicted Ecclestone’s successive proposition to come back to the V8 actually suctioned motors utilized until 2013 as “an insult”.

He said: “The climate summit in Paris has shown all of us where the path leads. We cannot ignore a technology that is relevant to production vehicles.

“In five to 10 years, the majority of all vehicles will be equipped on the road with hybrid technology.”

Marchionne said he had obstructed the arrangement to restrain the cost of client motors in light of the fact that it implied an outside body meddling in Ferrari’s strategy for success.

“We used [the veto] recently because the proposal was out of place,” Marchionne said.

“The problem of this sport is that the regulator cannot impose conditions on the economic management of the team.

“When we are told that we must make the engine and then sell it for two pounds, from the economic point of view this argument does not stand – because it is going to change the dynamic business that we are managing.

“The economic conditions by which the Ferrari engine is provided to a customer cannot be established by the F1 Commission.”

 

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