Ferrari is paying a dear price for its geographical location, according to Flavio Briatore who last month said that the Maranello team should consider relocating to the UK.
"In my opinion, Ferrari must have a base in the UK, where all of the technology of Formula 1 is concentrated," he said. "At Maranello it is difficult to create an effective team and to recruit these British engineers."
Since then, Ferrari is believed to have made a staggering offer of up to $30 million per year - much higher than most Formula 1 drivers - to lure Adrian Newey from Red Bull. He turned it down.
And Italy's Autosprint is now reporting that another top Briton also said 'no' to moving to Maranello -- the engine boss of Formula 1's dominant team in 2014, Andy Cowell.
Briatore said after the Canadian Grand Prix: "Ferrari this year is in deep crisis and has lost the chance to recover.
"Ferrari is paying for its location -- Maranello is definitely not the centre of the [Formula 1] world, it's England," he told Italian radio Mix24.
"I think that for Ferrari, it will take a major restructuring of the team. Wrong men? No, it's a matter of organisation. We know exactly who are the best ones, and it is difficult to get them to Italy," added Briatore. (GMM)
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