Ferrari has threatened to leave Formula One after its current contract ends in 2020, in response to the recently announced changes for the 2021 season, which can be read below.
Ferrari boss Sergio Marchionne hit out at the regulation changes during the brand's third quarter results conference call, reiterating sentiments he had expressed at last week's Finali Mondiali.
Marchionne began by saying that while there are good elements of the plans, such as the cost reduction, “a couple of things we don't necessarily agree with, one of which is the fact that somehow sort of powertrain uniqueness is not going to be sort of one of the drivers of distinctiveness in the participants lineup.”
"And that we see the sport in 2021 taking on a different air is going to force some decisions on the part of Ferrari. Unless we find a set of circumstances the results of which are beneficial to the maintenance of the brand in the marketplace and to the strengthening of the unique position for Ferrari, Ferrari will not play," he continued.
A withdrawal from F1 would be a blow for the sport, as Ferrari has never missed a season, but Marchionne floated the possibility of 'alternatives'. "it does open up a whole pile of alternatives about what else Ferrari could be doing with itself going forward beyond that date." Previous reports alleged that Ferrari would consider entering Formula E, under the right circumstances.
On the flipside, Aston Martin boss Andy Palmer has hinted that the brand is further considering a Formula One entry, following the announcement of new regulations for the 2021 season.
The FIA set out the direction for the new engine regulations for the 2021 Formula 1 season, with lower engine development costs at the top of the bill; a key point of interest for manufacturers wanting to participate in F1.