Ferrari threatens to quit F1 over Liberty Media’s engine, budget cap proposals

Ferrari president Sergio Marchionne is threatening to pull Ferrari out of Formula 1.The threat comes after new F1 owner Liberty Media announced plans to change the engine regulations beyond 2020 — …

Brawn thinks the expensive, complicated and quiet power units of today are simply “the wrong product for good racing.” Brawn said that if the engine parts are cheaper, unpopular rules like grid penalties for changed components can be scrapped.

“If a homologated off-the-shelf turbo costs $3,000, it doesn’t matter how many are used in the season,” said Brawn.

Another standard part could be batteries.

“We would have no problem with that,” said Abiteboul. “Renault is a carmaker, not a battery maker.”

Despite opposition in other areas from other manufacturers, Brawn said F1 must be determined to change.

“We cannot continue like this,” he said. “What happens if we lose one or two of the existing manufacturers if their results do not improve?”

Brawn has apologized for upsetting Ferrari and Mercedes with the way the proposals were made but said Liberty now has 12 months to negotiate with them.


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