Formula E boss Alejandro Agag has labelled Ferrari’s quit threat as a mere “negotiation tactic” and does not believe any branch of the Fiat company is heading to the all-electric series any time soon.

Ferrari are unhappy with the initial vision released by the FIA and Liberty Media about where Formula 1 should be heading in 2021 and beyond, and have threatened to quit the sport altogether if the regulations are not to their liking.

This is not the first time the Scuderia have threatened to throw in the towel, but Agag feels this is Ferrari once again creating some leverage in future negotiations.

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