Ferrari still not ready to commit for 2021

Date published: September 19 2018

Ferrari: Still unconvinced by 2021

Ferrari’s CEO Louis Camilleri feels Liberty Media are still “quite far away” in their “precise vision” for Formula 1 beyond 2020.

Liberty and Formula 1 stepped up their plans for the sport once the current Concorde Agreement ends by revealing three potential car concepts for the 2021 season.

Ferrari were not particularly blown away by the ideas presented by Formula 1 managing director Ross Brawn, with Scuderia team principal Maurizio Arrivabene saying he found the designs “underwhelming”.

Now Camilleri has had his say, stating that he still wants to see a much clear vision before Ferrari think about committing to it.

“Discussions are underway regarding the technical, financial and governance aspects,” Camilleri said.

“We believe there is a basic consensus on the principle objectives that will define the future, but the precise vision as to how to get there is still quite far away.

“Progress has been made, but we are still far from an agreement that includes everything and can be signed by all the participants.

Camilleri is still hopeful that a deal can be agreed within the current timeline, but sent out another warning that Formula 1 must remain the pinnacle of motorsport to keep Ferrari interested.

He added: “I remain optimistic that an agreement will be reached in time, but I would like to add that as Ferrari, we continue to insist that it cannot be to the detriment of F1 remaining as the top technical competition in motor sport.

“There are obvious conflicts of interest. Liberty wants to make more money and the teams do too, so we are all waiting a bit.”

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