Formula 1
20 March 2010

Formula 1 news

Ferrari promises continual presence in 'new era'

29 July 2009

With the sudden news that BMW is leaving Formula One being announced in Munich on Wednesday morning, reigning Constructors' Champions Ferrari have vowed to stay committed to the sport. The only name to be seen on all F1 entry lists since 1950, the Scuderia continues to prepare for 'a new era in Formula One'.

BMW's bowing out is the second from a key manufacturer within eight months, after Honda pulled out of the sport in December. 'Over the last 60 years of the continuous participation of Ferrari in the Formula 1 World Championship we've seen many teams and some important constructors come and go,' a spokesperson said in Maranello on Wednesday afternoon.

'This is a characteristic of this sport, although we are sad about BMW's decision. Ferrari will continue to engage itself wholeheartedly for a new era in Formula 1, composed of stable rules and extreme technological research accompanied by paying close attention to the environment and a growing spectacle as well as greater participation of the fans and of all our sport's components.'


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