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Ferrari CEO Addresses V8 Engine Rumors, Stresses Unchanged Strategic Direction

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Ferrari's CEO Benedetto Vigna clarifies that ongoing FIA discussions about a potential V8 return in F1 will not alter the company's three-pronged engine strategy, which includes thermal, hybrid, and electric powertrains.

Ferrari's Executive Director, Benedetto Vigna, has moved to quash speculation about the Italian automaker's future engine plans in Formula 1. During a recent shareholder conference call to discuss the first quarter of 2026, Vigna directly addressed the swirling rumors concerning a possible reintroduction of V8 engines to the pinnacle of motorsport.

Vigna made it clear that Ferrari's core strategic vision remains firmly intact. He emphasized the company's commitment to a diversified powertrain portfolio, encompassing thermal, hybrid, and electric technologies. This tripartite approach, he noted, is the bedrock of their long-term planning for both racing and road cars.

The CEO acknowledged that discussions with the FIA, Formula 1's governing body, regarding future engine regulations have been underway for some time. He framed these conversations as a normal and necessary part of the sport's evolution, noting that regulatory frameworks are typically reviewed on a five-year cycle. However, he was adamant that these talks would not cause any strategic pivot for the Scuderia.

"There will be no consequences," Vigna stated, as reported by Autoracer. He specified that this stability applies equally to Ferrari's road car division and its overall corporate strategy, suggesting a unified vision across all business units.

Beyond the engine debate, Vigna provided a positive financial update for the racing division. He highlighted a significant increase in revenue streams, driven by two key factors: a rise in sponsorship income and the continued success of their engine supply program. Ferrari currently provides power units to two customer teams on the F1 grid: the American Haas team and the newly entered Cadillac outfit.

This financial health is reflected in the company's broader performance. For the first quarter of 2026, Ferrari reported a net profit of €413 million. Total revenue saw a healthy increase of 3%, climbing to €1.848 billion, underscoring the brand's robust commercial position.

The comments serve to reassure investors and fans alike that, despite the ever-changing technical landscape of Formula 1, Ferrari is charting a steady and confident course. The focus remains on executing their existing multi-engine strategy while capitalizing on the commercial growth of their racing operations.

Based on reporting from Чемпионат.com.