Formula 1

Ferrari Formula 1 car general.

Formula E boss believes he knows why Ferrari are threatening to quit F1

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NASCAR has Chevrolet and Formula One has Ferrari. 

Ferrari have been a mainstay in Formula 1 since making their debut in 1950.

Their biggest success came with the legendary Michael Schumacher, who won 72 Grands Prix and took home five Drivers' Championships. 

Nowadays, Sebastian Vettel and former champion Kimi Raikkonen serve as the team's main race drivers.

This team is often held in high regard due to their success over the years and dedication to the sport.

However, they have come under scrutiny as of late from a supposed quit threat made by team chairman Sergio Marchionne. 

According to F1i.com, it is speculated that this was over the reviewing of Formula 1's proposed engine platform for 2021, and Marchionne is only doing this as a "negotiation tactic" for the future.

This is not the first time Ferrari have threatened to wreak havoc with F1, but in the past, they would never follow through with their threats.

Formula E boss Alejandro Agag is among those who believe Marchionne's warning is a case of Ferrari flexing its muscles before F1 and the teams return to the negotiating table later this year to decide the future.

Ferrari Chairman Sergio Marchionne Rings NYSE Opening Bell

"I think it does this [quit threat] probably in this moment to get a better negotiating position with F1," Agag told ESPN.

"I guess they are going to have a negotiation soon about the new contract. So that is probably more a tactical move than a real move."

Marchionne contends that Ferrari will be working on 'alternative strategies' to eventually compete outside of Formula 1.

With official manufacturer interest in Formula E ramping up big time, and Mercedes and Porsche soon joining the series, could the all-electric championship prove a viable alternative for Ferrari?

AUTO-PRIX-F1-ABU DHABI-PRACTICE

Agag doesn't believe this move will happen anytime soon, as Fiat have not done as much on electric as some of their competitors.

It will be interesting to see this all unfold, and if this is another case of Ferrari being all talk again.

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Topics:
Ferrari
Kimi Raikkonen
Formula 1

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