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Thread: Ferrari threaten to withdraw from Formula One

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    Default Ferrari threaten to withdraw from Formula One


    Ferrari threaten to withdraw from Formula One

    KARACHI: Ferrari have announced they are to withdraw from Formula One next season unless the FIA scraps plans to introduce a £40million budget cap.

    The Italian team claims they will pull out of the sport because of an ongoing dispute with the governing body over its plans to introduce a limit to team spending from next season. Ferrari claim the changes violate the terms of a 2005 contract they signed committing themselves to the championship until the end of 2012, terms that include a “right of veto” on any technical regulation change.

    "Ferrari confirms its opposition to the new technical regulations adopted by the FIA and does not intend entering its cars in the 2010 F1 Championship," a statement read on Ferrari''s website.


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    Default Re: Ferrari threaten to withdraw from Formula One

    hmmmmm





    blackmailing hai

    8bffd51cd2705b99335ce635a13dbb09 zps81c9bfed - Ferrari threaten to withdraw from Formula One

    ..!!


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