F1 crisis needs ‘quick solution’ – Arrivabene

Jul.1 (GMM) Maurizio Arrivabene says F1 is seeking “the solution” to its current crisis.

When asked by France’s Auto Hebdo about the increasingly disaffected audience, the Ferrari chief answered: “Obviously we are going through a difficult moment.

“Everyone has acknowledged that. There are discussions at all levels and everyone agrees that the solution must be found quickly,” he said ahead of Wednesday’s key meeting of the Strategy Group in London.

“Ferrari is actively involved in all of this, because it can play a role,” the Italian added. “The same is true for Sergio Marchionne, as he is involved in all of the meetings of the Strategy Group.”

On the issue of F1’s controversial income distribution model, however, Arrivabene sounds less open to change.

“Would you agree to take a pay cut in favour of your colleague?” he asked the journalist.

“There are agreements and everyone signed his own.”

Told, however, that Ferrari received more official income in 2014 even than champions Mercedes, Arrivabene answered: “I don’t know how much money Mercedes received from FOM (Formula One Management), and I have no idea of the conditions of their contract.

“I only know the details of ours. And if Ferrari gets more money because of its history, and because of the image that it gives to formula one, I believe that is logical,” he added.

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