Motor racing-Ferrari discussed leaving F1, says Todt

Newswire

LONDON, Feb 9 (Reuters) - World champions Ferrari discussed leaving Formula One before agreeing last month to remain in the series until 2012, according to team boss Jean Todt.

Ferrari, the sport's glamour team and the only one to have competed in every championship since the first in 1950, were persuaded to stay by a $100 million sweetener from Bernie Ecclestone, the Times newspaper said on Wednesday.

"We are a small company and we have to cover the costs of Formula ...

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