If you haven't heard already, Ferrari is threatening to quit Formula One if engine regulations set to begin in 2021 take effect. Now, FCA boss Sergio Marchionne has revealed Ferrari could start an entirely new race series if relations with F1 continue to degrade.
was present during Marchionne's remarks at Ferrari's annual pre-Christmas media dinner event on Monday. He made it clear Ferrari is at least considering abandoning F1 altogether, in favor of a racing series of its own.
"Some people say that our threat about the 2020/2021 regulations is a bluff, but they're playing with fire," Marchionne said. "The previous contract made it impossible for the team to evaluate an alternative outside of the circus. Now we can analyze the possibility to create something similar to Formula One in terms of a show.
"There is the possibility to create an alternative championship from 2020/2021," Marchionne added. "We can't ignore this possibility, but I prefer avoid it if we can.
"I would like to continue with Formula One, but we have to find compromises that don't leavewithout the possibility of showing its DNA in every race," the FCA boss said. "If we can't find that, then has to go away. If can pull out other teams, we have to see it from an economical point of view, but I think that we are able to do it."
We'll see how Ferrari decides to move forward once 2021 comes around.