The FIA, headed by Max Mosley, want to introduce an optional 40 million pound ($60.7 million) budget cap next year to encourage new teams to enter.
The plan would allow capped teams to operate with far greater technical freedom than those continuing with unlimited budgets.
Ferrari’s president Luca di Montezemolo, head of the Formula One Teams’ Association (FOTA), has warned it would create a two-tier championship that could be “fundamentally unfair and perhaps even biased”.Toronto Star
Ferrari fear the evolution of a two-tier championship, which along with this seasons technical changes, will result in a Formula 1 Championship that somebody else could quite feasibly win.
“No F1 in 2010 unless they slow down,” said a statement. “Ferrari does not intend to register cars for the 2010 F1 world championship unless we are going to win it. Really easily.”
“We’re not fussy, you can make the other cars use a lead chassis. Or insist they all have women drivers, we don’t care.”
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“But if everyone else is still this much better than us at the end of the season, then we are out.” NewsArse
The storied Italian team, which has been involved in all 60 seasons of F1 racing, said the new FIA guidelines were arbitrary and would set a double standard. It said equal rules for everyone are necessary for the sport to continue.
“The same rules for all teams, stability of regulations, the continuity of ... endeavours to methodically and progressively reduce costs, and governance of Formula One are priorities for the future,” Ferrari said in a statement after a board meeting.
“If these indispensable principles are not respected, and if the regulations decided for 2010 will not change, Ferrari does not intend to enter its cars in the next Formula One world championship.”
Ferrari said it hoped fans would understand this “painful choice.” Calgary Herald
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