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Ferrari chairman: ‘Driver error’ played role in F1 title defeats

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Ferrari’s defeat to Mercedes in both Formula 1 championships this year was down to a combination of “technical issues and driver error”, according to CEO and chairman Sergio Marchionne.

Ferrari entered 2017 hopeful of ending its eight-year championship drought, and made a strong start to the year after adapting well to the overhauled technical regulations for the new season.

Three victories in the opening six races saw Ferrari lead both championships after Monaco, with Sebastian Vettel retaining his advantage in the drivers’ standings through to the Italian Grand Prix in September.

Vettel’s hopes of winning a fifth world title faded across the course of the three Asian flyaways, with a first-lap crash in Singapore and a spark plug issue in Japan forcing two retirements. An engine problem also left Vettel last on the grid for Malaysia, costing him a chance of a victory.

Lewis Hamilton was crowned world champion for a fourth time in Mexico last weekend, wrapping up the title with two races to spare for Mercedes.

Ferrari chief Marchionne refused to put the title defeat down to misfortune, instead picking reliability and driver error as being the two costly weaknesses for the team, appearing to reference the clash between Vettel, Ferrari teammate Kimi Raikkonen and Red Bull’s Max Verstappen in Singapore.

“I don’t believe in bad luck. Ultimately it’s a reflection of the way in which we manage these businesses,” Marchionne said during a conference call with investors on Thursday.

“It was a combination of especially in the second half of the season between technical issues and driver error, or driver misjudgment.

“As we get close to the end of the season, we’ve now got two races left to complete. As you well know it’s impossible and it was almost an impossible task at the last race on Sunday to think that we could recover at least the drivers’ title.

“I think we’ve learned a lot. I think it’s a painful way of learning it. I think the second half revealed some structural weaknesses in the manner which we are managing this business, which are going to get rectified and hopefully 2018 will be a much better season.”

While Marchionne was disappointed to have seen Ferrari’s run without an F1 title extend into another year, he is encouraged by the team’s performance through 2017 ahead of a renewed championship bid next season.

“I remind everybody who asks me this question – and I’m probably the most critical of the way in which we manage our F1 activities – that if I’d asked anybody at this time last year as to how well we would have done in 2017, I couldn’t have gotten a buyer for the idea that we would be that far advanced in the first half of the season,” Marchionne said.

“So we have done well given our starting point. We were unable to finish the task. It’s a 2018 objective now.

“We regret not having done better, but the car is there. It is in my view probably the best car on the track today.”

Holmatro, INDYCAR renew partnership in five-year extension

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Holmatro, a long-time partner of INDYCAR and title sponsor of the Holmatro Safety Team, have renewed a long-standing partnership that will see Holmatro and INDYCAR continue their partnership in a five-year contract extension.

“Holmatro has been a trusted partner and supplier in Indy car racing for more than 20 years,” said president of competition and operations Jay Frye. “Holmatro’s growth parallels some of the great strides made in safety for INDYCAR drivers and teams. We’re pleased to see this partnership continue, as it is a great benefit to everyone in the paddock.”

Holmatro’s relationship with INDYCAR dates back to 1991, when they first supplied tools to the safety team of the CART sanctioned PPG IndyCar World Series. Holmatro branding will continue to be featured on the firesuits, vehicles, and transporters of INDYCAR’s safety team throughout the agreement.

“Holmatro is extremely pleased to extend our partnership with INDYCAR for another five years,” said Tony Barboza, general manager for Holmatro. “We’re extremely proud to be affiliated with the premier on-track safety team in the world. Members of the safety team serve on their home fire departments when not at INDYCAR events and, like them, we believe in constant improvement and innovation. When the race is for life, you can count on the INDYCAR Safety Team and Holmatro rescue tools.”

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