Quit or commit says Ferrari chief

Since the FIA revealed its proposed regulation changes for 2008, when the current Concorde Agreement ends, BMW has said it may decide not to carry on its involvement Formula One from that date. Now Ferrari has expressed the same opinion, with president Luca di Montzemolo saying that after 2007 everyone is free to make their own decisions.

Speculation has it that the Grand Prix World Championship (GPWC) group will reinstate its plans to form a rival series now that it has ended negotiations with F1. However, di Montzemolo thinks the future will be Formula One or nothing.

"I don't think it is possible to find another solution all together and I think maybe to save the future of F1 everybody has to take their own decisions -- stop or commit," he told Autosport. "I don't see a different solution. What is for sure is that after the end of 2007 we are free, we have no deal with anybody. After that everybody can do whatever they want."

The manufacturers currently involved in F1 will more than likely debate the reduction in engine size, standard electrical control units and any restrictions placed on freedom of design.

The teams are due to meet next week to discuss the proposals, and if the outcome is not to Ferrari's liking it could decide to back out. Asked if leaving F1 was an option, di Montzemolo said: "Yes, why not? This could be one idea."