Ferrari CEO Louis Camilleri says the Italian company's Formula One team "is in a hole" at the moment and realistically has to wait until at least 2022 to be competitive again.
Ferrari celebrated its 1000th race at the Tuscan Grand Prix, held at the Mugello circuit it owns. It was not a momentous occasion for the team, with Charles Leclerc and Sebastian Vettel finishing eighth and tenth respectively.
It has been a difficult season for the team with a car which has dramatically fallen down the competitive order.