Sergio Marchionne is doubling down on his threat to pull Ferrari out of Formula 1, warning that he could also entice other teams to an alternate series.

The Ferrari president is making the threats after new F1 owner Liberty Media announced its intention to change the engine rules for 2021 and impose a team budget cap.

"The thing that bothers me is that an experienced man like (F1 sporting boss) Ross Brawn is looking at ways that are against the DNA of F1," Marchionne said at Ferrari's Christmas lunch. "We are not interested in cars being the same and simple and cheap engines like in NASCAR. But I believe that (Liberty Media) will satisfy everyone for the future, otherwise Ferrari will go away. If they believe that we are bluffing, they are playing with fire.

"I believe Ferrari has the strength to pull others into an alternative championship."
 

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