DFW Auto Club
05-12-2009, 12:14 PM
Filed under: Motorsports (http://www.autoblog.com/category/motorsports/), Ferrari (http://www.autoblog.com/category/ferrari/)
http://www.blogcdn.com/www.autoblog.com/media/2009/05/56440_f2009_21-580op.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292316/)
Ferrari F60 - Click above for a high-res image gallery
Ferrari has announced that it won't be on the Formula One grid in 2010 if the FIA's new rules are enacted. As reported previously (http://www.autoblog.com/2009/05/11/more-f1-teams-joins-boycott-call-for-2010-regulation-change/), Ferrari joins BMW-Sauber, McLaren-Mercedes, Red Bull, Toro Rosso and Renault in opposing the proposed regulations.
In Ferrari's release (posted after the break), the automaker said that it "does not intend [to enter] its cars in the 2010 F1 Championship" and "The Board considers that if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the World Championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close."
The new FIA regulations would cap spending at $60 million, not including driver salaries, engine costs and marketing expenses, or teams could ignore the cap and suffer from performance restrictions, thus creating a "two-tier" F1. FIA President, Max Mosley, believes that the new spending limits would allow more teams to enter the championship, but at what cost for the existing teams?
Gallery: Scuderia Ferrari F60 (http://www.autoblog.com/photos/scuderia-ferrari-f60/)
http://www.blogcdn.com/www.autoblog.com/media/2009/01/36112_f2009_32_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292327/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/56439_f2009_20_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292326/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/36115_f2009_35_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292325/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/36113_f2009_33_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292324/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/31762_f2009_31_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292323/)
Continue reading Ferrari officially to quit Formula 1 in 2010 if new rules are enacted (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/)
Ferrari officially to quit Formula 1 in 2010 if new rules are enacted (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 12 May 2009 12:57:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
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http://www.blogcdn.com/www.autoblog.com/media/2009/05/56440_f2009_21-580op.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292316/)
Ferrari F60 - Click above for a high-res image gallery
Ferrari has announced that it won't be on the Formula One grid in 2010 if the FIA's new rules are enacted. As reported previously (http://www.autoblog.com/2009/05/11/more-f1-teams-joins-boycott-call-for-2010-regulation-change/), Ferrari joins BMW-Sauber, McLaren-Mercedes, Red Bull, Toro Rosso and Renault in opposing the proposed regulations.
In Ferrari's release (posted after the break), the automaker said that it "does not intend [to enter] its cars in the 2010 F1 Championship" and "The Board considers that if this is the regulatory framework for Formula 1 in the future, then the reasons underlying Ferrari's uninterrupted participation in the World Championship over the last 60 years - the only constructor to have taken part ever since its inception in 1950 - would come to a close."
The new FIA regulations would cap spending at $60 million, not including driver salaries, engine costs and marketing expenses, or teams could ignore the cap and suffer from performance restrictions, thus creating a "two-tier" F1. FIA President, Max Mosley, believes that the new spending limits would allow more teams to enter the championship, but at what cost for the existing teams?
Gallery: Scuderia Ferrari F60 (http://www.autoblog.com/photos/scuderia-ferrari-f60/)
http://www.blogcdn.com/www.autoblog.com/media/2009/01/36112_f2009_32_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292327/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/56439_f2009_20_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292326/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/36115_f2009_35_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292325/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/36113_f2009_33_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292324/)http://www.blogcdn.com/www.autoblog.com/media/2009/01/31762_f2009_31_thumbnail.jpg (http://www.autoblog.com/photos/scuderia-ferrari-f60/1292323/)
Continue reading Ferrari officially to quit Formula 1 in 2010 if new rules are enacted (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/)
Ferrari officially to quit Formula 1 in 2010 if new rules are enacted (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/) originally appeared on Autoblog (http://www.autoblog.com) on Tue, 12 May 2009 12:57:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/) | Email this (http://www.autoblog.com/forward/1543789/) | Comments (http://www.autoblog.com/2009/05/12/ferrari-to-quit-formula-1-in-2010-if-new-rules-are-enacted/#comments) http://feedads.g.doubleclick.net/~at/xEsZwr8sAZcfyWxr5F7SBs-Ta-E/0/di (http://feedads.g.doubleclick.net/~at/xEsZwr8sAZcfyWxr5F7SBs-Ta-E/0/da)
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