Domenicali offers to quit over Ferrari crisis

May 11 (GMM) Stefano Domenicali has admitted he would consider his position as Ferrari principal if he thought it would pull the Italian team out of its crisis.

Ferrari confirm readiness to pull out of F1

A decision ''coherent with the Scuderia's approach to motor sport'' Ferrari's Board of Directors, chaired by Luca di Montezemolo, held a meeting on Tuesday at their Maranello headquarters to discuss business matters, but high on the order were the recent decisions taken by the FIA's World Motor Sport Council regarding the controversial budget cap option beginning next year...  

McLaren to focus on races, not titles

''That's got to be our motivation now'' - Hamilton Starting from 14th on the grid at last week-end's Spanish Grand Prix, Lewis Hamilton already knew that the improvements brought to his McLaren MP4-24 did not bring the leap forward he had wished for...  

Ferrari issues quit threat over 2010 F1 rules

May 12 (GMM) As predicted as the budget cap row escalates, Ferrari on Tuesday threatened to quit formula one if the FIA does not do a u-turn on its proposed rules for 2010.

Ferrari threaten F1 pullout

• Italians say they will leave grand prix grid if budget cap remains• 'Ferrari does not intend to register cars for the 2010 season'Ferrari have threatened to quit formula one at the end of the season if the sport's governing body adopts a budget-cap option for 2010, the Italian company's board said today."No F1 in 2010 if the rules do not change. Ferrari confirms its opposition to the new rules imposed by FIA and does not intend to register cars for the 2010 F1 world championship," said the team in a brief statement.Last weekend Toyota also threatened to leave the sport over the proposed budget caps, and Red Bull have added their voice to the criticism, saying that up to eight teams could leave the grid. Under the new rules, to be introduced next season, teams complying with the £40m cap will be allowed greater technical freedom than those ­preferring to operate under their own budgets, some of which exceed £80m.Earlier this month the Ferrari president Luca di Montezemolo said that the cap would bring a "fundamentally unfair and perhaps even biased" championship. Max Mosley, the FIA president, responded that the restrictions were to safeguard the future of the sport and to encourage new teams to join the grid.The FIA has set a deadline of 29 May for teams wishing to compete in 2010 to enter and state if they want to operate under the cap.Ferrari are currently joint sixth in the 2009 constructors' championship after five races, having been hampered by reliability problems.FerrariFormula oneMotor sportguardian.co.uk © Guardian News & Media Limited 2009 | Use of this content is subject to our Terms & Conditions | More Feeds

F1 world not convinced by Ferrari quit threat

Ecclestone confident the Italian team will remain in F1 The FIA, Bernie Ecclestone, expert pundits, the press and fans alike are unconvinced about Ferrari's threat to quit Formula One at the end of the year...