Marchionne concedes Ferrari power unit lacking

By on Friday, September 12, 2014
Scuderia Ferrari

Scuderia Ferrari

New Ferrari chairman Sergio Marchionne has accepted that the squad has a problem with its power unit, which must be corrected if the team is to fight for the world title.

FIAT chairman Marchionne will replaced Luca di Montezemolo, who stood down earlier this week after 23 years in his role, at Ferrari from October 14th.

In his first press conference in his new position, Marchionne confirmed that Ferrari must improve its power unit if they are to haul themselves into title contention.

"We know the problem", Marchionne said. "We have a power unit problem. I have faith in Ferrari and its sporting arm, and that it will be able to resurrect as it did in the past.

"The sporting arm continues to be an essential element for Ferrari. We'll work in order to try to win, because it's part of this company's DNA.

"The important thing is to get back to winning ways, this is essential. The problem is not about the problem we have here on the market. We need to give credibility to Ferrari on the track and fixed on that we need to return to the top.

"That will give us support to Ferrari. Winning on the track is something that is not negotiable. We must get there, and I don't have the slightest doubt we'll be able to do it."

Ferrari has had a tumultuous season in 2014, with the squad having claimed two podiums to sit just fourth in the Constructors' championship.

Alongside Montezemolo's departure, Stefano Domenicali resigned his position earlier in the year and was replaced with Marco Mattiacci, while engine chief Luca Marmorini left the outfit prior to the summer break.

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