Ferrari threatened to quit Formula One racing as of 2021 if the circuit’s new owner, Liberty Media, goes ahead with a plan for substantial changes to engine rules. CEO Sergio Marchionne said the Italian supercar maker "will not play" unless it's provided with "a set of circumstances, the result of which are beneficial for the maintenance of the brand in the marketplace and to strengthening the unique position of Ferrari."
Mercedes and Renault also are skeptical on a new engine design proposed for 2021 because it would require a major financial investments. The changes would make F1's V-6 turbo hybrid engine simpler and cheaper as well as higher-revving, and therefore noisier, to satisfy fans unhappy about the current muted sound, Reuters reported.
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