Ferrari president Sergio Marchionne has stated that the main reason the Prancing Horse decided against supplying power units to Red Bull Racing this season was because he did not want to see his company spending hundreds of millions developing a power unit for a customer to win the championship.

Four time world champions Red Bull Racing divorced from Renault at the end of last season and approached Mercedes, Ferrari and Honda about engine supply deals with all the manufacturers rejecting the idea.

This led to Red Bull owner Dietrich Mateschitz to issue a warning that he would pull the plug on the F1 programme if a suitable engine partner could not be found.

In the biggest twist to the Red Bull saga it was announced just before Christmas that instead of divorcing Renault in 2016 Red Bull Racing would in fact continue to use the French manufacturer however the engines will be branded under licence as TAG-Heuer.

Sergio Marchionne spoke about Red Bull by saying:

If we look at Red Bull investing important amounts into their chassis development and then we equip them with a power unit at a certain price reflecting much higher investment than what they pay for, it’s inequality on the track. We’re not interested in that.

Although Ferrari are not supplying Red Bull Racing in 2016 they will be supplying Scuderia Toro Rosso.

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