Ferrari threatens to pull out of Formula One race

Ferrari threatened to pull out of next season's Formula One championship.This decision is a finalised one by the Ferrari team unless the International Automobile Federation (FIA) changes its rules which have been introduced very recently

The new introduced rule is that each team as to set a budget cap of 40 million.Teams which don't follow this will not receive the technical freedom which really looks unfair.What will happen.Will Ferrari pull out from F1.We have to wait and see !!!

About Ferrari cars

Ferrari is an Italian sports car manufacturer. The company started with manufacturing race cars and sponsoring drivers for races.They participated in all the races and had a huge success. The particular race in which they have a great success till date is Formula I Race.