Ferrari to Quit F1?
Formula One’s off-track happenings continued to rival its race-days in terms of drama as the sport’s longest running and most successful team issued a stunning ultimatum, threatening to end its involvement if proposed budget cap rules are implemented next season.
FIA chief Max Mosley has proposed a system that would allow teams remaining within a £40 million budget cap to operate with fewer technological restrictions than those that chose not to. Ferrari argues that this would create a two-tier championship stating, “The same rules for all teams, stability of regulations, the continuity of… endeavours to methodically and progressively reduce costs, and governance of Formula 1 are priorities for the future. If these indispensable principles are not respected, and if the regulations decided for 2010 will not change, Ferrari does not intend to enter its cars.”