Interview: Ferrari boss on quitting F1, car prices and trade wars

Ferrari boss Sergio Marchionne has once more warned that the company may just surrender Formula 1 if it does now not believe long run rule adjustments within the game.

The outspoken president of the Italian producer has up to now mentioned that Ferrari is “at odds” with long run engine plans defined through Liberty Media, which owns F1. 

That used to be only one matter he addressed in a most often candid interview consultation all the way through the Geneva motor display. Here are his perspectives on F1, Ferrari’s pricing and trade wars.

On Formula 1:

“I didn’t say we have been leaving Formula 1 in 2020, however that if we can’t reconcile our variations then we can depart.

“We’ve raced in F1 the longest of anyone. We understand the sport. It’s definitely hard to imagine F1 without Ferrari, so I sincerely hope we can go through.”

“We had been in discussion with Liberty Media and I’m hopeful we can have the opportunity and cross ahead through the tip of this yr. If it doesn’t, you’ll listen about it!”

F1: what adjustments to be expecting from the head of motorsport

On the longer term pricing of Ferrari automobiles:

“I don’t know how we should price the fastest V8 in our history [the new 488 Pista]. We always go through a discovery process with customers and ask them what they think they should pay for a car. We try to be fair. But I don’t think we’ve identified an upper limit on pricing yet.”

That suggests long run fashions may just value greater than the £252,695 value of a 488 Pista.

711bhp Ferrari 488 Pista proven at Geneva

On the possible trade warfare between america and European Union:

“I don’t just like the considered a trade warfare. I’m hopeful reason why will succeed. We wish to cool our jets as a substitute of creating a large number of noise. The response from the EU, concentrated on iconic manufacturers corresponding to Levi’s and Harley-Davidson, turns out an unnecessarily infantile response to the danger. 

“Everybody should be quiet for a few days. The trade policy was put into place with the previous White House administration, so they’re understandably reviewing it. We need to sit down and hammer it out.”

President Trump threatens to impose price lists on automobiles imported from the EU

Interview: Ferrari boss on quitting F1, car prices and trade wars

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