Liberty Media Fumbles: Ferrari Threatens to Leave F1

F1 team Ferrari has outright threatened to leave the sport should the 2021 regulations prove to be a shot in the sport’s collective foot.

For whatever reason, Liberty Media just can’t seem to get it right. After the American company repeatedly vowed that it would usher in a grand and spectacular future for the world’s most popular Motorsport, they are finding it harder done than said.

Podium walk. #ScuderiaFerrari #MexicoGP #Kimi7 #SF70H #F1 #Ferrari #PrancingHorse

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The organization unveiled their plans for the 2021 regulations, Ferrari’s outspoken president Sergio Marchionne stated that Ferrari would outright quit the sport should amendments not be made to the currently proposed version.

Marchionne, who has built a reputation for being outspoken and blunt, has marked history as the first time he’s issued a quit threat during his tenure as President at Ferrari.

Though it may seem that he’s alone in throwing his weight around, both Renault and Mercedes have expressed concern at the offer tabled by Liberty Media – all stating that should drastic savings not be found in other areas of the sport, mandatory new power units would see their costs skyrocket.

While Cyril Abiteboul and Toto Wolff went on record with their concern, none were as colorful as Marchionne in their description of the situation:

“The fact that we now appear to be at odds in terms of the strategic development of this thing, and we see the sport in 2021 taking on a different air, is going to force some decisions on the part of Ferrari.

What I do know is that it [F1] has been part of our DNA since the day we were born. It’s not as though we can define ourselves differently.

But if we change the sandbox to the point where it becomes an unrecognizable sandbox, I don’t want to play any more.

I don’t want to play NASCAR globally, I just don’t.” – Sergio Marchionne

Into the crowd. #ScuderiaFerrari #MexicoGP #Kimi7 #SF70H #F1 #Ferrari #PrancingHorse

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Liberty Media have yet to publicly respond to the concerns of the heavy-hitters, but logic would dictate that they will do all they can to reach a compromise lest they risk losing their sport’s biggest contributors and ushering in one of the darkest eras in Formula 1 history.