Madonna di Campiglio, 14 January

In his meeting with journalists at “Wrooom,” Ferrari President Luca di Montezemolo covered every aspect of the current state of play of Formula 1 and its future. On speculation regarding talks aimed at renewing the Concorde Agreement, Montezemolo’s thoughts were as follows: “I expect Formula 1 will remain as the highest expression of technology, of motor sport and in terms of the spectacle. There needs to be constructive dialogue between the International Federation, the commercial rights holder and the teams. These latter have to be competitive, must be able to invest and to maintain themselves at a high level. On top of that, you need stability in the regulations so that the teams can plan their investments and in order for the public to understand what is going on. I do not believe in the budget cap or cost control, which are always impossible to verify: reduction in costs comes through regulation changes, both on the technical and sporting front, without forgetting the links to industrial production and technical innovation for the motor industry of the future, because we want cars, not rockets.”