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Ferrari threatens to quit F1 over 'Global NASCAR' vision

Ferrari has upped the ante in manufacturers’ opposition to Liberty Media’s plans for Formula 1 by warning it is prepared to walk away from grand prix racing after 2020. Just 24 hours after Mercedes and Renault expressed concern that engine proposals being put forward for 2021 would open up a needless arms race that could damage the sport, Ferrari has said it will quit F1 completely if it was not happy. In a conference call with analysts on Thursday to discuss Ferrari’s latest financial results, president Sergio Marchionne said he was unimpressed with certain directions that Liberty was taking the sport – including on the engine front. And he defiantly said that if F1 did not deliver...
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