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Ferrari denies speculation suggesting it could quit F1

Jun 14, 2014, 8:45 AM EDT

Spain F1 GP Auto Racing AP

Scuderia Ferrari has released a statement rejecting stories about the team’s future in Formula 1, saying that they have been misconstrued and misunderstood.

Earlier this week, The Wall Street Journal reported comments from Ferrari president Luca di Montezemolo that suggested the Italian marque could turn its back on F1 and turn attention to an expanded sportscar programme.

“Formula 1 isn’t working,” he said. “It’s declining because the FIA has forgotten that people watch the racing for the excitement. Nobody watches racing for the efficiency, come on.

“People watch racing to be entertained. No-one wants to watch a driver save gas or tires. They want to see them push from here to there. It’s sport, yes, but also a show.”

Montezemolo also said that it would not be possible to run both the Le Mans and Formula 1 programmes side by side. However, a statement from the team suggested otherwise.

“Some elements of the media have suggested Ferrari would quit Formula 1 to concentrate on the Le Mans 24 Hours and Endurance racing,” the statement read. “This is a bit of a stretch based on President Luca di Montezemolo reiterating that Formula 1 needs to evolve and renew itself, while also admitting that there is a unique attraction to the 24 Hour race.

“To say that after 2020, Ferrari could quit Formula 1 to concentrate on Le Mans and the Endurance championship takes his words to extremes. Plus of course, there’s nothing to stop Ferrari upping the ante and competing in both disciplines. So it’s just pure speculation.”

Ferrari’s recent struggles in Formula 1 has coincided with a revival for endurance racing. The formation of the World Endurance Championship has made it a more cohesive series, and the arrival of Toyota, Porsche and – as of next year – Nissan to challenge Audi has given it new life.

Montezemolo has flirted with the idea of entering the LMP1 class again with a works team, and the new regulations in Formula 1 have not been to his liking; in his eyes, it is “taxi cab racing”.

This is not the first time that Ferrari has threatened to quit Formula 1, but the sport does appear to revolve around the team to some extent, with the Concorde Agreement having Ferrari-specific clauses.

For now though, it appears to just be another empty threat. That said, a Ferrari LMP1 project in the future is by no means out of the question.

  1. techmeister1 - Jun 14, 2014 at 12:33 PM

    Some dumbarse hack needed to fill white space so he dreamed up the foolishness. SOS, DD.

  2. testover6370 - Jun 14, 2014 at 12:41 PM

    Every year at least there are two rumors: Ferrari leaving F1 and mid-engine Corvettes. Both have just as much basis in reality, which is to say none at all.

  3. bigguy79 - Jun 14, 2014 at 6:37 PM

    He is correct on the FIA is taking F1 the wrong way – fans want to see a show not who can build an Eco friendly race car. F1 is going the way of the Toyota Prius. Pretty soon the harbor in Monaco will only allow sail boats. Fans want the the speed and the roar of the engines.

  4. thefutureofoil - Jun 14, 2014 at 8:51 PM

    Monty usually says stupid things, but he is right about this. Nobody watches F1 to see how fuel efficient a car is. Drop these stupid regs and let the teams have at it. I’d rather find out if Hamilton is faster than Rosberg based on them using the Mercs at the limit versus who can be more fuel efficient. Hell, the cars can’t even rev to their maximum because of fuel flow issues.

  5. indycar02 - Jun 15, 2014 at 5:48 PM

    sounds like something only a stick n ball sports fan would say.

  6. bigdcart - Jun 16, 2014 at 8:46 PM

    di Montezemolo is such a hypocrite. Ferrari dominated during the most stone boring era of Formula 1. If his engineers could get their heads out of the 20th century, maybe they could put a front-running car on the track.

    • worknman24hours - Jun 19, 2014 at 11:12 PM

      Comments like Zelmo’s would have much more meaning if Ferrari was winning right now.

      I just cannot believe how expensive these F1 cars have become to build and race.

      And so complicated only a group of computers can control and monitor them.

      Next we will have cyborg drivers.

      Alonso driving his ‘drone’ Ferrari race car.

      Some really great practice videos of seventies F1 cars at Monza dicing on a sunny day show what the series was.

      Loud,proud and full of adrenalin.

      I kind of miss that.

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