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December 11, Monday 2017 11:07 AM       

       HEADLINES: Ockhi: 130 stranded in Lakshadweep returns back                                              Three Keralites killed in Pollachi accident                                              Vigilance gives clean chit to Tom Jose                                              Ockhi relief operations remain as announcements: Chennithala                                              Employment violations in P V Anwar’s park will be probed: T P Ramakrishnan                                              Zaira Wasim molestation: Mumbai Police arrests accused                                              French tourists thrashed by locals in UP                                              Sri Lanka formally hands over Hambantota port to China                                              ISIS still not defeated: May warns Iraq                                              Afghanistan calls for snapping ties with US                                              Trump's Middle East advisor set to depart White House                                              Our batting let us down on a seaming track: Rohit Sharma                                              Diego Maradona arrives in Kolkata on three-day visit                                              ISL 2017: FC Goa thrash Kerala Blasters 5-2                                              Hamstring injury rules Jadhav out of Lanka ODIs                                              Olympian Sajan Prakash to sell medals for training                                              Kaumudi Facebook
       SPORTS Next Article: Kerala's Basil Thampi in SL T20 team; Bumrah named in SA Test squad  
       Ferrari boss reiterates threat to quit F1
 
         Posted on :00:15:16 Dec 5, 2017
   
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       Last edited on:00:15:16 Dec 5, 2017
         Tags: Ferrari boss reiterates threat to quit F1
 

JOHANNESBURG: Ferrari boss Sergio Marchionne has reiterated his threat to quit Formula One racing, saying that there are certain things which they can't back down on.

Earlier, Marchionne had said that the Italian team would quit F1 if its new owner Liberty Media continued to press on over new engine rules.

It should be noted that Liberty Media had announced several changes to the engine regulations aimed at cost reduction.

Though Marchionne had agreed with the cost-cutting reasons, he had stated that there were other strategic issues that could force Ferrari to think over racing elsewhere.

Keeping firm on his stand, the Ferrari boss now said that the threat was not at all an idle one, adding that they need to find a solution which is good for the sport.

"The dialogue has started and will continue to evolve. We have time until 2020 to find a solution which benefits Ferrari. We have to find a solution which is good for the sport but we also have to be clear on the things we can't back down on," Sport24 quoted Marchionne as saying.

Ferrari are the only team to have competed in the Formula One World Championship continuously since its inception in 1950.

Jose Froilan Gonzalez gave the team its first F1 victory at the 1951 British Grand Prix.

Also, it has been established that Monaco Grand Prix and Ferrari are the two central pillars of Formula One racing and that their current share of the revenues reflects that special status.

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       SPORTS
Next Article: Kerala's Basil Thampi in SL T20 team; Bumrah named in SA Test squad
 
 
SPORTS HEADLINES
Diego Maradona arrives in Kolkata on three-day visit  
Our batting let us down on a seaming track: Rohit Sharma  
Dharamsala ODI: Lankans trounce India by seven wickets  
Dharamshala ODI: India fold for 112 after Lankan pacers' burst  
Olympian Sajan Prakash to sell medals for training  
Hamstring injury rules Jadhav out of Lanka ODIs  
ISL 2017: FC Goa thrash Kerala Blasters 5-2  
Ranji Trophy: Vidarbha peg Kerala back on rain curtailed day  
ICC to discuss pollution issue during its Feb meeting  
Ronaldo wins fifth Ballon d'Or award  
Yasir Shah eager to play against Virat Kohli  
Indian hockey's Akashdeep Singh completes 150 international caps  
Kohli grabs 2nd spot in ICC Test rankings  
After Mary Kom, Sushil Kumar resigns as National Sports Observer  
MS Dhoni set to join CSK squad for IPL 2018 edition  
Kotla Test: Lanka reduced to 31-3 in pursuit of 410 on Day 4  
Tim Southee returns to Kiwis squad for Hamilton Test  
No match likely in Delhi till 2020, courtesy BCCI rotation policy  
Vijender to defend title against Ghana's Ernest Amuzu  
Ferrari boss reiterates threat to quit F1  
Kerala's Basil Thampi in SL T20 team; Bumrah named in SA Test squad  
Kotla Test: Sri Lanka reach 356/9, trail India by 180 runs  
ISL 2017-18: Kerala left to rue missed chances as Mumbai snatch late draw  
ISL 2017-18: Chennaiyin FC beat FC Pune City  
Kotla Test: Lanka 18 for 2 as they request to halt game due to poor air quality  
 
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