The company has partnered with veteran Italian yacht racer Giovanni Soldini to develop and construct a singular vessel under the renowned Ferrari brand.
Diverging from other instances, the initiative originates from the road car division in Maranello, with no integration with the F1 operations.
Both Red Bull and Mercedes contribute technological advancements to America’s Cup programs through applied science projects.
Primarily designed to showcase F1 technology, these projects also provide alternative roles for employees, addressing the constraints imposed by the budget cap in the realm of grand prix racing leading teams to streamline operational headcounts.
In response to potential misuse, the FIA implemented a technical directive, TD45, last year, ensuring that intellectual property (IP) cannot circulate back to the F1 team from external projects.
Ferrari emphasizes that its endeavor is not an effort to find roles for surplus F1 employees. While some staff from the road car division will be involved, the company also plans to make new hires.
The company pledges to employ state-of-the-art technologies across the entire project cycle, encompassing conception, engineering, and realization.
Ferrari asserts that the pursuit of maximum performance at sea will result in innovations and practical sustainability solutions. These advancements, aligned with Ferrari’s tradition, are expected to play a pivotal role in the evolution of their sports cars.
Details about the specific vessel or the competitions in which it will participate have not been disclosed by Ferrari.
Giovanni Soldini, renowned for his endurance racing expertise and records in transatlantic events, has recently concluded an 11-year partnership with Maserati.
Ferrari Chairman John Elkann stated, “We are embarking on an exciting journey to expand our racing legacy. Motivated by our innovation and commitment to sustainability, this new competitive challenge will push boundaries.”
Soldini expressed enthusiasm, stating, “We are working on a significant and cutting-edge project with amazing technological potential, bringing together different worlds and top-tier skills. Collaborating with an exceptional team on the research and development of environmentally respectful solutions is a truly unique experience.”