Alfa Romeo Sauber unveils slick auto and young driver

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Ferrari chairman Sergio Marchionne maintained his position on Formula 1's future engine regulations and reiterated yesterday in Italy the company's possible retreat from the sport.

"For now I'm a Ferrari fan, but if Alfa Romeo Sauber do well that would of course be very welcome", Marchionne said.

While Marchionne partly orchestrated the recent Alfa Romeo-Sauber partnership, the Ferrari boss claimed the deal would have no influence on the Scuderia's stance in F1 post-2020.

Marchionne is unhappy with the sport's proposed 2021 engine rules, which were revealed at the end of October, and has said that Ferrari could leave F1. "We have time until 2020 to find a solution which benefits Ferrari".

Quake reported near North Korean nuclear test site
North Korea has repeatedly rejected accusations of human rights abuses and blames sanctions for a dire humanitarian situation. News about the launch comes within days of North Korea launching a new type of intercontinental ballistic missile (ICBM).

The new Alfa Romeo Sauber Formula One Team vehicle during its official presentation at the Alfa Romeo Historical Museum in Arese, near Milan.

The decision leaves German driver Pascal Wehrlein, Ericsson's team mate this year, facing an uncertain future with former champions Williams the only remaining team with a vacancy.

However, the bigger issue, of money, be it the more equal distribution of the prize pot or the doing away of bonuses, has yet to come.

Ferrari now receives more revenue from F1 than any other team thanks to a bonus for its commitment to the sport that no other outfit receives.