©WRI2
Former Ferrari boss Luca di Montezemolo believes that in hindsight, the introduction of the 1.6 litre hybrid V6 turbo power unit era was a mistake.
The Scuderia's level of performance has suffered since the advent of hybrid engines in Formula 1, with Ferrari collecting just three wins, all achieved in 2015, in the past three seasons.
Montezemolo admitted he hasn't been surprised by Mercedes' utter domination of Formula 1, given the fact that the German manufacturer started working on the hybrid concept ten years ago!
"Niki Lauda recently confessed to me that Mercedes was working on it since 2007," Montezemolo told the Italian newspaper La Repubblica.
"That is why they were so adamant during the (rules) negotiations," he claimed.
With regard to the decision to steer Formula 1 into a hybrid era, the former Ferrari boss admits that supporting the change was a big mistake for the Scuderia.
"I made a mistake, yes. But I felt that I could not put Ferrari in a position antithetical to progress. A fearful Ferrari could not be my Ferrari," he concluded.
GALLERY: F1 drivers' wives and girlfriends
Keep up to date with all the F1 news via Facebook and Twitter
After one of the most dramatic finales Formula 1 has seen in years, the sport’s…
Audi’s long-awaited arrival on the Formula 1 grid is edging closer, but Mattia Binotto is…
On this day in 1992, Ayrton Senna enjoyed a secret track day with Team Penske…
In 2025, we saw a defiant masterclass from a driver in an erratic Red…
The fans have spoken! Williams has unveiled testing livery chosen by its supporters for its…
Max Verstappen has reopened one of Red Bull’s most uncomfortable debates of the 2025 Formula…