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Ferrari looking to become even more exclusive

While most automakers are clawing and scratching for every possible sale, it sounds like Ferrari is content in losing a few potential customers in the name of better exclusivity and higher profits. Autocar reports that Ferrari chairman Luca di Montezemolo recently stated that the Italian automaker hopes to sell fewer than 7,000 units globally in 2013 compared to last year's tally of 7,318.
As a part of this plan, Ferrari will be slowing its production lines and trying to create a balanced market for its cars in the US, the Middle East, Europe and China - the latter two being the automaker's biggest markets. Montezemolo also said that Ferrari would not be expanding its model lineup with SUVs, sedans or small cars.

The Monaco Grand Prix clearly highlights Ferrari's team orders

Sebastian Vettel stretched his championship lead over Lewis Hamilton to 25 points on Sunday after becoming the first Ferrari driver since Michael Schumacher in 2001 to win Formula One's showcase Monaco Grand Prix. Teammate Kimi Raikkonen, on pole for the first time in nine years, lost out in the pitstops but secured a Ferrari one-two with Hamilton finishing seventh for Mercedes after starting 13th. The German celebrated as jubilantly as his seven times champion compatriot would have done, whooping over the radio and beaming from the podium as mechanics sang the Italian national anthem. "It's obviously a great day for the team... great to get the points, great to get the win," said Vettel. As with Schumacher in his pomp there was also a distinct whiff of 'team orders', with Raikkonen pitting first and Vettel staying out for a further five laps in a move that worked in his favor. Vettel's 45th career win was the German's third in six races but there was plenty of sympathy for Raikkonen, who last won with Lotus in 2013. The Finn looked far from happy on the podium, staring fixedly ahead and taking gulps of the Champagne as Vettel sprayed his. "It's still second place but it doesn't feel awful good," he said. "It's how it goes sometimes." "I know how it feels, it's not a good feeling," reigning champion Nico Rosberg, who retired at the end of last year after years of battling Hamilton at Mercedes, consoled him as he conducted the post-race interviews on the finish straight. Australian Daniel Ricciardo took his second successive podium with third place for Red Bull. MINIMAL OVERTAKING In a race with plenty of sunshine and minimal overtaking, late crashes ensured the safety car made its traditional Monaco appearance. While Raikkonen led for the first 34 laps, the writing was on the wall at the pitstops with a consensus emerging already before the start that Ferrari would favor the championship leader. "It was a very tense race. I knew that (staying out) was the chance to win and I was able to use that window and come out ahead. After that I was able to control the gap behind," said Vettel. What had been a processional race, with the wider new cars making overtaking more difficult, turned into sudden drama with a collision between Jenson Button's McLaren and Pascal Wehrlein's Sauber at the tunnel entrance.

Here's how wildly expensive it is to participate in F1

The cost of competing in Formula One racing is extremely high. Not in the physical and lifestyle sense, although that too takes a major toll on each team and driver, but in a literal hand-over-the-cash sense. Each F1 team pays hundreds of thousands of dollars to enter, plus a fee for every single point the team earned in the previous season. Motorsport.com recently detailed just how absurdly pricey entering the F1 field is. According to the piece, the price of entry goes up each year due to the U.S. Consumer Price Index. For 2019, the entry fee is $546,133, and it doesn't stop there. There are additional dues required of each team based on where the team finished in the previous season. Interestingly, the winners pay more. For example, Mercedes-Benz, the constructor champion for the past five years, must pay $6,553 per point it scored in 2018. With 655 points scored, that's $4,292,215. All other teams must pay $5,459 per point. For a full rundown of what the teams will be paying for 2019, check out the full article here.Related Video: