marchionne

The death of Sergio Marchionne has been ‘a major impact’ on Ferrari’s 2018 Formula 1 world title charge according to Ross Brawn following the potentially-decisive results at the Japanese Grand Prix.

Mercedes Formula 1 boss Toto Wolff has paid a glowing tribute to the late former Ferrari head Sergio Marchionne, adding his “shoes will be impossible to fill”.

Sergio Marchionne has died following a recent illness just days after stepping down as Ferrari CEO and chairman.

Ferrari chairman Sergio Marchionne has appeared to throw his support behind Liberty Media’s Formula 1 engine regulation changes but stands by his quit threat due to reservations on the future “economics” of the sport.

Mercedes team principal Toto Wolff has played down speculation about Formula 1 breakaway claims by saying it is being blown out of proportion by the media but concedes invested parties are “trying to position themselves” for future deals.

Ferrari President

Ferrari President Sergio Marchionne has repeated his threat of pulling the Italian manufacturer out of Formula 1 after 2020 if the future direction of the sport doesn’t match its ideals and has speculated it could set-up a rival championship.

Ferrari has become the first Formula 1 team to officially reveal the launch date of its 2018 car to get the wheels in motion for next season with President Sergio Marchionne demanding world titles.

Sauber has announced the team will be rebranded as the Alfa Romeo Sauber F1 team from 2018 after agreeing a deal with parent company Fiat Chrysler Automobiles, marking the Italian marque’s return to the sport after 30 years away.

Ferrari team principal Maurizio Arrivabene says the Italian manufacturer is open and willing to negotiate its current deal in Formula 1 with new owners Liberty Media as a quit threat overhangs the squad.

Ferrari President Sergio Marchionne says “a combination of technical issues and driver misjudgement” were to blame for the team’s second half of the season collapse fighting for the Formula 1 world titles.

Ferrari President Sergio Marchionne says Sebastian Vettel's Bahrain victory proves his team's F1 world title ambitions.