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Formula 1 car maker Ferrari is teaming up with Italian ocean racing yachtsman Giovanni Soldini to build boats and enter world sailing competitions.<\/b><\/p>\n
Ferrari has competed in F1 since 1950 and returned to endurance racing last year, claiming a shock victory at the Le Mans 24 Hours race.<\/p>\n
Chairman John Elkann said the project will expand its “racing soul”.<\/p>\n
Soldini has over 30 years’ experience in solo and crewed ocean races, including two round-the-world races.<\/p>\n
He will join Ferrari’s project as team principal.<\/p>\n
Earlier this week, the 57-year-old and Italian car maker Maserati announced the end of their 11-year-long partnership in ocean navigation. <\/p>\n
“I am thrilled to start this new adventure with Ferrari. We are working on an important and cutting-edge project with an amazing technological potential,” Soldini said.<\/p>\n
Ferrari said it would rely on “cutting-edge technologies throughout the entire cycle, from conception and engineering to realisation” of the boat.<\/p>\n
The company added: “In addition to competing on tracks all over the world, Ferrari is now embarking on this new venture to enhance its technological know-how.” <\/p>\n
The Italian team won its last Formula 1 drivers’ championship in 2007 and constructors’ title in 2008.<\/p>\n
“With this new competitive challenge, motivated by our innovative capacity and commitment to sustainability, we will push beyond current boundaries,” said Elkann.<\/p>\n<\/div>\n
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