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Camilleri: We did not exercise our right to veto

Ferrari CEO Louis Camilleri has confirmed that his team is a long way from being ready to sign up for the 2021 Formula 1 World Championship and beyond. We reported this week that although the 2021 rules have now been announced, the teams are not committed beyond 2020 until they sign a new Concorde Agreement. 'What was announced over the weekend is the beginning of the process. It's not even the end of the beginning,' said Camilleri. 'There is still quite a lot of work to do together with Formula 1 and the FIA as well as the teams.' 'Yes, we voted in favour of the regulations and we did not exercise our right to veto. All-in-all we are sort of satisfied with the direction it's taking and...
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