Jun 14, 2014, 8:45 AM EDT
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.
Aug 22, 2014, 11:30 AM EDT
Lotus being punished by Spa’s high-speed nature.
Aug 22, 2014, 11:22 AM EDT
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Aug 22, 2014, 11:15 AM EDT
When he’s not racing in Red Bull Global Rallycross, Scott Speed shows Kristen Kenney the way around a golf course.
Aug 22, 2014, 11:00 AM EDT
Lotus driver crashed hard in FP2, but said that it looked bigger than it actually was.
Aug 22, 2014, 10:45 AM EDT
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Aug 22, 2014, 10:30 AM EDT
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Aug 22, 2014, 10:00 AM EDT
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Aug 22, 2014, 9:32 AM EDT
Another practice, another Mercedes one-two…
Aug 22, 2014, 7:45 AM EDT
Will Rosberg and Hamilton continue to lead the way during practice at Spa?
Aug 22, 2014, 7:20 AM EDT
All of the latest news and interviews from the paddock at Spa-Francorchamps ahead of this weekend’s Belgian Grand Prix.
Aug 22, 2014, 6:46 AM EDT
Three of F1’s field take on the ice bucket challenge in aid of ALS.
Aug 22, 2014, 6:00 AM EDT
German driver not dwelling on Hamilton’s flouting of team orders in Hungary.
Aug 22, 2014, 5:32 AM EDT
Mercedes’ runaway train shows few signs of slowing down in 2014.
Aug 22, 2014, 4:20 AM EDT
The Marussia driver debacle rages on as Rossi is benched for the rest of the weekend.
Aug 22, 2014, 3:45 AM EDT
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Aug 21, 2014, 10:11 PM EDT
Dale Earnhardt Jr’s crew chief, Steve Letarte, joined NASCAR America on Thursday to talk about the different feeling that Bristol Motor Speedway has and goes over the strategy his team has for the race.
Aug 21, 2014, 5:33 PM EDT
Mazda Road to Indy titles will be decided in Sonoma this weekend.
Chase Elliott, Kyle Larson pace NNS practices; Milka Duno seeks to become first Latina to qualify for a NASCAR event
Aug 21, 2014, 5:29 PM EDT
Chase Elliott and Kyle Larson topped Thursday afternoon’s pair of Nationwide Series practice sessions at Bristol Motor Speedway.
Aug 21, 2014, 4:06 PM EDT
After the popularity of the team’s drivers, the next most popular thing around Team Penske is The Penske Files, especially editions that contain bloopers. Check out the latest edition of TPF bloopers!
WATCH LIVE: NASCAR AMERICA at 6:30 p.m. ET — Steve Letarte, Tennessee racing history, Truck race highlights
Aug 21, 2014, 3:37 PM EDT
Thursday’s edition of NASCAR America, which airs LIVE at 6:30 pm ET, will cover a lot of ground, including Dale Earnhardt Jr. crew chief (and future NASCAR on NBC analyst) Steve Letarte, breaking down and the history of Bristol Motor Speedway and lots more.
Video from NASCAR America
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