Ferrari has urged Formula One bosses to take its quit threat seriously or risk "playing with fire".
Speaking at a media event in Maranello, Ferrari president Sergio Marchionne reiterated his concern about the direction F1 owners Liberty Media are taking the sport. Marchionne says there is still plenty of time to come to an agreement with Liberty, but warned that he is not bluffing when it comes to Ferrari's quit threat.
"We have been part of F1's history, so we understand bulls--- and we understand F1," he said. "We have a race department that works only on F1, so we know F1 well.