Ferrari does not commit to F1 beyond 2012
The president of the most historically renowned team in Formula 1 has hinted that he might reconsider his loyalty to the FIA after 2012. Luca Di Montezemolo was the president of the Formula One Teams Association (FOTA), which threatened to withdraw from F1 into a parallel championship at the beginning of this year. After lengthy […]
The president of the most historically renowned team in Formula 1 has hinted that he might reconsider his loyalty to the FIA after 2012. Luca Di Montezemolo was the president of the Formula One Teams Association (FOTA), which threatened to withdraw from F1 into a parallel championship at the beginning of this year. After lengthy debates, they finally decided to sign the Concorde Agreement until 2012.
After several discussions with the Board of Directors regarding commercial rules and other points of disagreement, the FIA president Max Mosley agreed that the current teams would sign a new Concorde Agreement, binding them to Formula 1 for the next three seasons. It is after this term that Montezemolo wants to reflect and negotiate with the FIA.
« We have a contract that ends in 2012, so we have time to consider what to do next », said Mr. Montezemolo.
The president of the Scuderia believes that the sport needs to be renewed and to rekindle the public’s interest. And especially to establish the credibility of the rules which should not change every day.
Luca Di Montezemolo added that he no longer liked today’s Formula 1 and promised to organize a workday with the media, sponsors, and organizers to improve what he nonetheless describes as an extraordinary and fantastic sport.
The FOTA is already putting pressure on the FIA…
