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Ferrari must restart after ‘painful reality' – Chairman

Ferrari’s 2020 Formula 1 season showed it cannot rest on its laurels and must restart “with humility,” according to Executive Chairman and Acting CEO John Elkann. Ferrari, the most successful team in Formula 1 history, struggled for overall performance with its SF1000 and slumped to sixth position in the Constructors’ Championship. It marked Ferrari’s worst result in the final classification for 40 years. Elkann says the manufacturer’s poor return highlighted the need to adopt a refreshed approach. “[We celebrated] our 1,000th grand prix, the highest number in Formula 1 ever reached, [had] victories in the GT racing season and we reached over 2.5 million visitors in our...
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