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Formula One: Ferrari chief lays out vision for future of sport

Published on Sep 9, 2012 6:25 PM
Ferrari president Luca Cordero di Montezemolo walks in the pits at the Autodromo Nazionale circuit on Sept 8, 2012 in Monza during the third practice session ahead of the Italian Formula One Grand Prix. -- PHOTO: AFP

MONZA, Italy (AFP) - Just hours before his Ferrari team's home Italian Grand Prix, Ferrari president Luca di Montezemolo on Sunday launched an impassioned campaign for a cost-cutting Formula One overhaul.

As the teams made their final expensive preparations for one of the calendar's classic races in perfect, beautiful late-summer sunshine at the historic Autodromo Nazionale in Monza's former royal park, Mr di Montezemolo looked to the future. "We want an F1 with less cost," he said.

"Tell me why we have to spend a huge amount of cost to spend 24 hours in a wind tunnel to do a small wing flap that, for the public, has no interest, for the television is zero and for me as a road-car manufacturer it is less than zero - because we will never use this for the road car?

"Ferrari has been in F1 for more than 60 years. The success in F1 is crucial. Ferrari will remain in F1 if F1 is F1 and not a race for electric cars or games. It is innovation and technology and, if you have to spend money, you spend it for the advanced research and not for something that is nothing to do with competition."

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