ABU DHABI (Reuters) - Leaving Formula One would hurt Ferrari if the Italian team were to follow through on a threat to quit the sport, International Automobile Federation (FIA) president Jean Todt has said. "I do not want to see Ferrari leaving, but I am not sure it will be a good thing for Ferrari to leave Formula One," Todt, a former Ferrari boss, told reporters at the season-ending Abu Dhabi Grand Prix. "So I think it will be painful for Ferrari not to be in Formula One." Ferrari, celebrating their 70th anniversary this year, receive special payments for their historical status and also have some powers of veto under their current contract. While some see the threat as an empty one, the sport's former supremo Bernie Ecclestone told Reuters recently that it should not be dismissed.

Source: The Star November 27, 2017 12:00 UTC