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Monday, Jun 23, 2025
Britain's Guardian newspaper suggested Ferrari were prepared to quit in a headline, later replaced, over an interview with team boss Mattia Binotto. A Ferrari spokeswoman said Binotto had not mentioned the team leaving F1.
Ferrari have said Vettel remains their first choice to partner young Monegasque Charles Leclerc but reports in Italy have suggested they want an answer by the end of April to ensure potential replacements are still available.
Formula One is introducing a budget cap next year, with teams agreed on $145 million but McLaren and others seeking a further drop to around $100 million with Ferrari opposed.
Ferrari drivers Charles Leclerc and Sebastian Vettel have been seen mixing with people outside their individual team groups.
The car took German great Michael Schumacher to his record seventh and last world title.
Ferrari, the only team to have competed in every season since the first in 1950, have won more races and championships than any other.
The Briton won 11 races last year and has averaged 10 victories a season since the start of the V6 turbo hybrid era in 2014.
The announcement on Tuesday leaves two of the top three teams with young driver talent secure for the long-term, with Ferrari announcing in December that Charles Leclerc was staying to 2024.
Formula One's 10 teams have committed to the sport until at least the end of 2025.
China was meant to host the fourth round of the season on April 19 but the race was called off due to the coronavirus epidemic in the country. Organisers have said they will try to reschedule the race.
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