Jun 14, 2014, 8:45 AM EST
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.
Nov 22, 2014, 11:15 AM EST
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Nov 22, 2014, 11:00 AM EST
The administrator put in charge of the ailing F1 team believes that a buyer can be found in the next couple of weeks.
Nov 22, 2014, 10:30 AM EST
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Nov 22, 2014, 10:13 AM EST
The Mexican driver will remain with Force India for 2015 alongside Nico Hulkenberg.
Nov 22, 2014, 10:00 AM EST
It was confirmed on Thursday that the four time F1 world champion would be joining Ferrari for the 2015 season, replacing Fernando Alonso.
Nov 22, 2014, 9:47 AM EST
P2 not ideal for Lewis Hamilton, but the focus remains strong heading into Sunday.
Nov 22, 2014, 9:30 AM EST
Nico Rosberg gets the pole, but still has to convert tomorrow – something he hasn’t done as much this year.
Nov 22, 2014, 7:00 AM EST
The British racer will test for Force India next week, but thinks he chances of getting a full-time seat are slim.
Nov 22, 2014, 6:30 AM EST
Red Bull team boss thinks it is the right time for both the driver and the team to part company.
Nov 22, 2014, 6:04 AM EST
Nico strikes back in FP3, edging out Hamilton by three-tenths of a second.
Nov 22, 2014, 4:45 AM EST
Nico Rosberg must stop Lewis Hamilton’s dominance in practice if he is to put the pressure on for qualifying.
Nov 22, 2014, 2:33 AM EST
A nifty early move for the lead and masterful power conservation gives Bird the win in Malaysia.
Nov 21, 2014, 10:22 PM EST
Prost will start tonight’s Putrajaya ePrix from 11th, while Oriol Servia and Jerome d’Ambrosio of Dragon Racing will be at the head of the field.
Nov 21, 2014, 8:27 PM EST
The Virgin Racing pilot takes top honors in a 75-minute practice session ahead of qualifying and tonight’s Putrajaya ePrix.
Nov 21, 2014, 7:00 PM EST
Kevin Harvick and his No. 4 Stewart-Haas Racing team had to go through a lot in 2014 to win the Sprint Cup title. NASCAR AMERICA’s Rick Allen and Kyle Petty discuss.
Nov 21, 2014, 6:00 PM EST
Kevin Harvick’s four-tire call late at Homestead proved to be the difference in his title-clinching victory last weekend. NASCAR AMERICA discuss how pit strategy made an impact.
Nov 21, 2014, 4:48 PM EST
His Athenian Motorsports team will switch to Chevrolet and get Hendrick engines for its dual programs.
Nov 21, 2014, 4:15 PM EST
A quick primer on F1′s pit stops.
Video from NASCAR America
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