http://www.ferrari.com/English/News/Pages/090512_COR_niente_F1_2009.aspx
Ferrari Administrative Board: No F1 in 2010 if the rules don’t change
FERRARI’S BOARD OF DIRECTORS APPROVES
THE FIRST QUARTER RESULTS:
TURNOVER 441 MILLION EURO
TRADING PROFIT 54 MILLION EURO
FERRARI CONFIRMS ITS OPPOSITION TO THE NEW
TECHNICAL REGULATIONS ADOPTED BY THE FIA AND DOES NOT INTEND ENTERING ITS CARS IN THE 2010 F1 CHAMPIONSHIP
Maranello 12 May 2009 – Ferrari’s Board of Directors, chaired by Luca di Montezemolo, today analysed the first quarter results for 2009. Despite the current international economic climate, which has hit the automotive sector in particular, Ferrari’s figures were in line with the record levels reached in 2008.
Turnover for the first three months was 441 million euro compared to 455.7 million euro over the same period in 2008. The first quarter closed with a trading profit of 54 million euro compared to last year’s 59 million euro.
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http://edition.cnn.com/2009/SPORT/05/12/motor.ferrari/index.html
Ferrari to boycott 2010 world champs
(CNN) -- Ferrari rocked the world of motor racing on Tuesday when the Italian Formula 1 giants announced they will not be entering a team for the 2010 world championships.
Ferrari will be absent from the Formula 1 grid next season after opposing new technical regulations.
The decision is the result of a dispute with the sport's governing body, the FIA, over proposed regulations aimed at enforcing cost caps upon teams on the Grand Prix circuit.
"Ferrari confirms its opposition to the new technical regulations adopted by the FIA and does not intend entering its cars in the 2010 F1 Championship," the team said in a Web site statement.
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