Ferrari Chief: No Improvement No Ferrari
Ferrari Chief Luca di Montezemolo has made strong remarks regarding Ferrari's future involvement in Formula 1. He insists that Ferrari are committed to Formula 1 as long as there is improvement in the standards of the sport. Ferrari are currently committed to Formula 1 up to the end of 2012 as per the terms of the Concorde Agreement signed earlier this year after the team came closest to quitting Formula 1 than it had ever been after issues regarding cost cutting measures.
But, does No ferrari means no F1???