Miserable day in Canada for Ferrari (VIDEO)

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Ferrari endured a miserable Canadian Grand Prix today in Montreal as Fernando Alonso and Kimi Raikkonen both finished in the bottom half of the top ten despite only 12 cars actually taking the checkered flag.

Alonso was feeling bullish after qualifying yesterday, and set his sights on fighting with the Red Bull and Williams drivers for the final podium position. However, while Daniel Ricciardo claimed his maiden grand prix victory, the Spaniard could only finish in sixth place. He gained two positions on the last lap thanks to Felipe Massa and Sergio Perez’s big crash at the first corner.

Speaking to NBCSN after the race, Alonso did not mince his words: “This is not enough.” With sixth place, he has continued his streak of scoring points at every race so far this season, but he is down to fourth place in the drivers’ championship after being overtaken by Ricciardo.

Kimi Raikkonen endured an anonymous race to finish 10th at his 200th grand prix, with the only notable moment being a spin at the hairpin. Otherwise, it was yet another quiet display from the Finn.

Ferrari’s championship aspirations may have already been over, but given the fashion in which Red Bull picked up the pieces from Mercedes’ misery today in Montreal, this result will be yet another indicator that improvements are needed.

Verizon confirms IndyCar title sponsor role exit after 2018

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As perhaps expected, Verizon has confirmed Friday it will end its role as Verizon IndyCar Series title sponsor following the end of its fifth year in 2018.

Reports surfaced shortly after this year’s IndyCar season finale at Sonoma Raceway that Verizon was re-evaluating its role within the series.

Indeed, as it was before becoming title sponsor in 2014, Verizon will remain a partner with Team Penske despite not also carrying the series title sponsor role.

In a statement, Hulman & Co. CEO Mark Miles thanked Verizon for its support in this overall series role.

“Verizon has been a super sponsor and will continue to be so through all of next season. We appreciate that they reached their decision in a timely way so that we can thoughtfully and deliberately go back into the market for 2019,” Miles said in a statement, via Sports Business Journal.

Roger Penske also issued a statement, also via SBJ, saying, “We want to thank Verizon for the support they have provided the IndyCar Series and the role they have played as they helped us grow the sport as the title sponsor for the past five years. Verizon has helped the series reach new fans through their world-class activation and technology, including the Verizon IndyCar Mobile App. While they will no longer be the Series Title Sponsor after 2018, it is exciting they will still be in the sport through their relationship with our organization.”

The Verizon IndyCar Series has built a wave of momentum over the last few years with its competition level, parity and enthusiasm for some revived events, with Gateway Motorsports Park and Road America standing out as highlights being brought back after an extended hiatus.

The good news for INDYCAR (sanctioning body) is that there’s a new Dallara universal aero kit that’s been busy with testing the last few months and is now in the hands of manufacturers for manufacturer testing, and the series announced long-term extensions with Dallara, Chevrolet, Honda and Firestone earlier this year. New series champion Josef Newgarden has also been busy in a number of media events and appearances since the Sonoma season finale.

With this confirmation, INDYCAR has a new entitlement sponsor to find and a new TV contract to sort, with both existing contracts up after 2018.