Ferrari Mailing List: Add End: Ferrari confirms decision to quit F1

[red5hilser (red5hilser]

Three different scenarios, but same results:

1. Bernie & Max running F1.
2. FedGovCo running the Mustang Ranch.
3. Ferrari trying to win a 2009 F1 race.

Who wooda thunk it?

Yer pal, (Name deleted due to owning a Ferrari w/only 8 cylinders, not the 
cLyDe approved 12.)




Earlier today, Ferrari’s Board of Directors, chaired by Luca di Montezemolo, 
examined developments related to recent decisions taken by the Federation 
Internationale de l’Automobile during an extraordinary meeting of the World 
Motor Sport Council on 29 April 2009.

 

Although this meeting was originally called only to examine a disciplinary 
matter, the decisions taken mean that, for the first time ever in Formula 1, 
the 2010 season will see the introduction of two different sets of regulations 
based on arbitrary technical rules and economic parameters

 

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 Worl d 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 Board also expressed its disappointment about the methods adopted by the 
FIA in taking decisions of such a serious nature and its refusal to effectively 
reach an understanding with constructors and teams. The rules of governance 
that have contributed to the development of Formula 1 over the last 25 years 
have been disrega
rded, as have the binding contractual obligations between Ferrari and the FIA 
itself regarding the stability of the regulations.

 

The same rules for all teams, stability of regulations, the continuity of the 
FOTA’s endeavours to methodically and progressively reduce costs, and 
governance of Formula 1 are the priorities for the future. If these 
indispensable principles are not respected and if the regulations adopted for 
2010 will not change, then Ferrar i does not intend to enter its cars in the 
next Formula 1 World Championship.

 

Ferrari trusts that its many fans worldwide will understand that this difficult 
decision is coherent with the Scuderia’s approach to motor sport and to Formula 
1 in particular, always seeking to promote its sporting and technical values. 
The Chairman of the Board of Directors was mandated to evaluate the most 
suitable ways and methods to protect the company’s interests

 


A Good Credit Score is 700 or Above. See yours in just 2 easy steps!