JANUARY 19, 2003

Montezemolo comes out in favour of F1 changes

Luca di Montezemolo, chairman of the Ferrari has told the Gazzetta dello Sport newspaper that he is "very happy and curious about the decisions taken" by FIA President Max Mosley over the Formula 1 regulations.

"I think it is right that radical changes have been decided," Montezemolo said. "Ferrari does not feel weaker or stronger but the goal is to provide that we are the best. I'm sure we will see a great World Championship."

Montezemolo said that Ferrari was not seeking an alternative World Championship but a championship which gives the constructors more money and avoids Formula 1 being left in the hands of banks and of the teams."

Ferrari is a member of the GPWC but these views do not align with those expressed by the GPWC last week.