In the wake of BMW's impending exit from formula one, Ferrari reaffirmed its commitment to the sport.The Italian team suggested the news is in stark contrast to Ferrari's unbroken loyalty to the world championship.

In the wake of BMW's impending exit from formula one, Ferrari reaffirmed its commitment to the sport.

The Italian team suggested the news is in stark contrast to Ferrari's unbroken loyalty to the world championship.

"Over the last 60 years of the continuous participation of Ferrari in the formula one world championship we've seen many teams and some important constructors come and go," said a spokesman.

"This is a characteristic of this sport, although we are sad about BMW's decision," he added.

McLaren and Toyota also affirmed their ongoing commitment to F1 in the wake of the BMW news. Renault refused to comment.

 

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