Home / Auto News / News article: Ferrari Leaving Formula 1 is 'Pure Speculation' - AutoGuide.com News
 |  Jun 14 2014, 7:30 PM

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Ferrari has released a statement in regards to recent rumors that it may be leaving Formula 1.

Last week, reports surfaced that Ferrari chairman Luca di Montezemolo has vented his discontent with Formula 1 to the series’ organizers and suggested that the Italian automaker may focus on other forms of motorsports instead. Ferrari however, has made a formal statement on its website noting that the media’s report “is a bit of a stretch based on President Luca di Montezomolo reiterating that Formula 1 needs to evolve and renew itself, while admitting that there is a unique attraction to the 24 Hour race.”

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According to Ferrari, taking the president’s words and assuming that Ferrari would quit Formula 1 after 2020 to concentrate on Le Mans and Endurance championship is taking it “to extremes.” In fact, there’s nothing stopping the company from upping the ante and competing in all series.

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[Source: Wall Street Journal, Ferrari Official Website]

Discuss this story at our Ferrari forum

  • Jeff T

    Might want to proof read your article autoguide. I don’t think female dogs have anything to do with f1.

  • smartacus

    Ferrari cannot stay in F1 forever. The formula is down to V6 engines and there is zero chance of it going back to V8 or V12.

    Not only that; the chance of less cylinders in F1′s future is far greater than the chance of it staying at V6.