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Ferrari Might Pull Out of Formula One Racing

Ferrari Formula 1 Car

CNN

Ferrari and Formula One racing have gone together like peanut butter and jelly for decades, but it seems that Ferrari chairman Luca Di Montezemolo is becoming quite unsatisfied with the direction that Formula One racing is heading.

 

Ferrari chairman Luca Di Montezemolo is warning that his famous marque could withdraw from Formula One and compete in other categories of motorsport.

Di Montezemolo is unhappy with technological changes in F1 which have shifted the emphasis away from traditional car and engine research and design to areas such as aerodynamics.

"If Formula 1 is not any more an extreme technology competition, where the technology can be transferred to the road car, maybe we can see Formula 1 without Ferrari," he told CNN in a wide-ranging interview. Read More

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