Ferrari may quit F1 if owners Liberty Media continue to press on over new engine rules. Ferrari is the only team to have participated in every season of Formula One motor racing since 1950 but come 2020 this iconic team may no longer be a part of the racing competition. Ferrari chairman Sergio Marchionne has threatened to quit Formula One racing if its new owner Liberty Media continues to press on over new engine rules. The chief executive said that he would take Ferrari to another level to replace Formula one and would not be known as the man who led Ferrari away from Formula One. Ferrari are the only team to have competed in the Formula One World Championship continuously since its inception in 1950.

Source: dna November 03, 2017 14:25 UTC