Formula One news

Ferrari: Espionage costing us millions

The lawyers Ferrari has hired to work on the espionage case against McLaren's chief designer Mike Coughlan are predicting the case is costing the Italian team several millions of pounds. In a document obtained by the Guardian and the Milan-based daily Corriere della Sera, Ferrari say that losing the title would cost them well over €5.5m.

"The difference between the two teams is so close that it is likely that McLaren's superior number of points is a consequence of its chief designer having the Ferrari documents," the team's lawyers were quoted by the Guardian. They add that if McLaren wins this year "Ferrari will suffer loss of at least €5.5m" in payments under the agreement that governs the constructors' championship. But, in addition, they "may suffer loss in respect of damage to the Ferrari brand" - sponsorship and sales.

more news

• 25 Nov.
  • 'Fantastic opportunity' - Di Resta on Force India test
  • Recap: N.Technology court bid fails
  • BMW testers excited about Jerez
  • Brawn disappointed with Button drives, ponders Lauda
  • Piquet to drive in Massa kart race
  • Brawn aero chief wins award
  • Gillett disappointed with government position
  • Mercedes hopes to confirm line-up by Christmas
• 24 Nov.
  • Briatore verdict expected in January
  • Donington still hopeful over F1 race
  • Montreal race confirmation imminent
  • Massa names drivers for karting event
  • Campos car passes FIA safety tests
  • Strong test could seal drive, says Mallya
  • Force India to test di Resta and Hildebrand
  • Courts to hear Briatore case
  • Silverstone GP deal forthcoming
• 23 Nov.
  • GPUpdate TV: Sam Michael - building on 2009
  • Theissen waiting on entry decision
  • Mercedes delighted with Rosberg confirmation
  • Confirmed: Rosberg to Mercedes for 2010
  • Manor hoping to run in late January
  • Mercedes poised to announce first driver
  • Kobayashi: I expected to be re-signed
  • Nakajima future in Toyota's hands
  • Klien still hoping for 2010 seat
  • McLaren line-up will work, says Ecclestone
  • López: USF1 deal coming next week
• 22 Nov.
  • Photos: 2009 Toyota Motor Sports Festival
  • Vettel surprised by Button team switch
• 21 Nov.
  • Mercedes: No Schumacher drive with us
  • López close to USF1 deal
  • Options open for Bourdais
• 20 Nov.
  • FIA was using new teams, says Lola
  • Rossi and Newey to contest endurance race
  • Wolff: Worth of privateers on the up
  • Equity sale for 'private motives' - Williams
  • USF1 considering 12 drivers
  • Photos: SKUSA karting event, Las Vegas
  • Buemi and Schumacher to kart in Las Vegas

Homepage