Ferrari’s new CEO Louis Camilleri has offered a mixed first statement on his view regarding the talks with Liberty Media over the future of Formula 1.
Camilleri was drafted in last week by company chairman John Elkann after the sudden death of his predecessor Sergio Marchionne following complications after shoulder surgery.
Given the hard-line approach Marchionne had, threatening to pull the Scuderia out of F1 if he didn’t agree with the approach taken, many were waiting with baited breath to see if his replacement would be any different.
“There are ongoing talks with Liberty Media,” Camilleri reportedly told Italy’s La Gazzetta dello Sport. “I think there has been progress on the technical side, but less on the budget cap and governance.
“I’m not sure about new ideas, the goal is to divide the cake as it is. We do not talk about how to increase it. I am sure I can bring my contribution.”
That would suggest little has changed in terms of Ferrari’s position but there was no comment as to his position on the company’s future in the sport, however.
Given Camilleri and team boss Maurizio Arrivabene are both former executives at Phillip Morris it is also thought his arrival won’t see too many changes to the current Maranello operation.
