Ferrari Considers Participation in Formula E

Ferrari Considers Participation in Formula E

Ferrari is considering a Formula E entry.

The Italian automaker’s CEO, Sergio Marchionne, admitted that Ferrari competing in Formula E was a possibility if the series stops allowing car changes and offers greater technical freedom. “If Formula E requires people to change cars during a race because we exhaust the power available within a given car, that is not something that Ferrari would naturally gravitate to,” he said during a teleconference after Ferrari revealed its Q3 earnings on the New York Stock Exchange. “Secondly, the standardization associated with the electric car is something which runs against the grain of Ferrari because otherwise it will prevent [Ferrari] from playing whatever it is that it does technically on a vehicle.”

SEE ALSO: Audi Confirms It’s Ditching Le Mans for Formula E

The Formula E series currently uses a single-make Spark chassis and series CEO Alejandro Agag told Autosport he doesn’t see the series ever becoming multi-make on the chassis side. As a result, Marchionne admitted that if Ferrari was to compete in Formula E, it wouldn’t be for a few years, once the series has matured enough “that Ferrari would develop a unique set of skills that will make that car uniquely Ferrari.”

[Source: Autosport]

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  • smartacus

    Sergio needs to be fired.
    this is as stoopid as building a Ferrari SUV