News Details
New financial blow for Ferrari
Unhappy with the engine regulations for 2021, especially moves to create more standard parts, Ferrari president Sergio Marchionne has already warned that his team will need to re-think its future. That's before Liberty Media announces its plans to share the prize pot more evenly and scrap the kind of historic bonus that has seen the Italian team walk away with significantly more prize money than the world champions. Now comes news that Spanish bank Santander is unlikely to renew its partnership with the Italian team which began in 2010 when Fernando Alonso went to Maranello. At that time, the bank was run by Emilio Botin, a keen fan of F1 and particularly his countryman, Alonso. Even when...
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