Infiniti CEO Sergio Marchionne has confirmed the brand is “in talks” with Ferrari over a deal to bring the brand’s Formula One car design into the car park at the iconic Silverstone circuit.
Marchionne confirmed that talks are ongoing with the Italian team over a future in the car.
“The talks are continuing, I cannot say anything more than that,” he said during an interview with Sky Sports’ Formula One Live.
“We have been talking about this for the last few weeks.
Ferrari has been working with us and they’ve made it clear they want to do it.”
Marchionnes comments come after Ferrari announced last week that it was in talks to buy a 51.5 per cent stake in the team.
It is believed the deal could be in the region of €15 billion.
“They are a very strong team, we have to be realistic about that,” Marchionnes said.
Ferrari’s F1 team has seen its share price rise significantly over the past year. “
That means that if they want that to happen, then they will be able to get that done.”
Ferrari’s F1 team has seen its share price rise significantly over the past year.
Marchionns remarks come after the Italian Grand Prix team’s drivers suffered a series of setbacks at the hands of a series-leading Red Bull.
The Red Bull team are understood to be in talks with F1 rival Mercedes over a new deal for 2018.
A number of drivers, including Sebastian Vettel, have recently said they want a major change in direction at the team after they were sent home from the weekend.
While there have been no announcements about any changes to the team’s structure, the Ferrari chief executive has confirmed that the team will have an F1 design team within its structure.