My pride

Ferrari is the most famous Formula 1 marque and the only team to have contested every world championship since its inception in 1950.

Ferrari are the oldest team in F1

Ferrari has been driven by all-time greats like Fangio, Lauda, and Schumacher making it the most famous, most popular amongst the fans and successful team in the sport of Formula 1.so, when they threatens to leave F1, people sit up and take notice.

Ferrari has said it will not take part in the sport next season if planned big changes to the rules go ahead.

F1 bosses want the sport to be cheaper for new teams, so have asked teams to only spend £40m per season.

Teams that agree to the spending cuts will drive under different rules to the teams that don’t, which has angered the top people at Ferrari who think that the sport will be damaged if some teams are working to one set of rules and some are working to a different set.

The teams that do agree to work within a budget of £40m a season will have more technical freedom.

That means the rules that govern the shape of their cars will be different, and they’ll be allowed to spend much more time testing their designs.

Experts think that only teams that used that technical freedom would be able to win races, forcing all teams to agree to the £40m budget.

Lewis Hamilton a ferrari team member ”could not imagine” F1 without Ferrari while Renault’s Fernando Alonso added that it was “impossible” for it to happen

Spaniard Alonso is considering racing in other categories

but also added that ”For me, it is strange no-one sat down and thought how much we are damaging the sport, how much damage the sport has had in the last two months,”To have those three or four new teams and to lose seven of the big manufacturers, I cannot understand, and not just losing the seven manufacturers, but losing the 10 best drivers in the world.F1 would not be interesting”

Apparently its not only Ferrari threatening to quit, Toyota and Red Bull have also already threatened not to enter next year’s championship unless the new rules change.

I personally believe that Ferrari is Fomular1, and i hope this doesn’t happen, I expect things to be cleared out as i don’t think its in any body’s interests for Ferrari to leave the sport.

Celebrated Ferrari!!