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Ferrari Chair Sergio Marchionne Open To Prospect Of Supplying Engines To Red Bull

Ferrari Chair Sergio Marchionne "welcomed the possibility of providing Formula One engines to the Red Bull team amid increasing talk that the team could leave the sport," according to Jerome Pugmire of the AP. Red Bull Owner Dietrich Mateschitz "threatened to pull out of F1 unless French engine supplier Renault improves the performance of its ailing power unit." Red Bull "has not finished higher than fourth in a race so far this season." Mateschitz said earlier this week that Renault has "destroyed" his team's enjoyment of the sport. Marchionne said, "I have a lot of respect for Red Bull. I think they've done a lot for the sport, they've had the world championship for a number of years. I think they will find their way again and if we can help them get there, we'd be more than glad to do it."

Red Bull "has used Ferrari engines before, in 2006, although Marchionne was evasive about the timing of another deal" (AP, 6/21).

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