Motor racing: Marchionne writes off Ferrari's season of failure

Sat Sep 3, 2016 7:56am EDT
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By Alan Baldwin

MONZA, Italy (Reuters) - Ferrari have failed to meet their Formula One targets this season and the focus is now on winning in 2017, president Sergio Marchionne said on Saturday.

Mobbed by reporters and television crews on his arrival at Ferrari's home Italian Grand Prix, the Fiat Chrysler chief executive recognized the glamor team had fallen short.

"I think we failed the targets, I don’t think there’s a doubt in my mind," he said.

"It’s no use putting sweeteners on the stuff, the car isn’t there and I don’t think we developed it. I think we started well in Australia, I think that we failed in developing the car during the season which is due to a variety of reasons."

Ferrari, who won three races in 2015 with Germany's Sebastian Vettel, have drawn a blank with champions Mercedes winning 12 of the 13 rounds so far and Red Bull the other.

Red Bull have taken second place from Ferrari in the constructors' championship, but Marchionne expressed confidence in recent leadership changes.

"I feel quite comfortable that this team are quite capable of turning the fate of the 'scuderia' around. Unfortunately we don’t have a lot of season left," he said.

"Let them finish the season, I think we’ll do the best we can for the rest of ’16 and the fight starts in 2017 with the first race."   Continued...

Formula One - F1 - Italian Grand Prix 2016 - Monza, Italy - 03/9/16 - Ferrari's Sebastian Vettel of Germany during the third free practice.  REUTERS/Max Rossi