Cape Town - Sergio Marchionne insists Ferrari's recent threat to quit F1
was not an idle one as there are "things we can't back down on."
In October Liberty Media unveiled their engine blueprint for
The sport's new owners want cheaper and simpler engines but
their proposal was met with criticism from Ferrari and Mercedes.
Such was Ferrari's unhappiness that the Scuderia's president
Marchionne threatened to quit Formula 1.
And the Italian has now stated that it is not an idle
"The dialogue has started and will continue to
evolve," Marchionne said during this past weekend's Alfa Romeo event with
the Sauber team.
"We have time until 2020 to find a solution which
"We have to find a solution which is good for the sport
but we also have to be clear on the things we can't back down on."