F1 organizational changes | RACER

F1 organizational changes

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F1: Marchionne won't 'throw money' at Ferrari

Formula 1

F1: Marchionne won't 'throw money' at Ferrari

By alley - Nov 11, 2016, 8:31 AM ET

Ferrari president Sergio Marchionne has vowed he will no longer throw money at the firm's Formula 1 project, instead calling on the team to spend its budget more wisely.The Italian team is rumored to have the largest budget of anyone on the F1 grid, in the region of $450 million...

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