http://www.autosport.com/newsitem.asp?id=27025&s=5

Di Montezemolo says team could be out of the sport by 2008
   
Ferrari could withdraw from Formula 1 at the end of 2007, the
company's president Luca di Montezemolo has revealed exclusively to
this week's Autosport magazine. The Italian also admitted at Imola
that he now believed there is no chance of a manufacturer's breakaway
series happening.

Despite the manufacturer's GPWC company confirming at Imola that it is
once again pushing ahead with a rival series to F1, Di Montezemolo has
said he reckons the only two real options open to manufacturers now
are to commit to F1 or stop completely.

"I don't think it is possible to find another solution all together
and I think maybe to save the future of F1 everybody has to take their
own decisions – stop or commit. I don't see a different solution.

"What is for sure is that after the end of 2007 we are free," he said,
"we have no deal with anybody. After that everybody can do whatever
they want."

When asked whether stopping F1 was an option for Ferrari, di
Montezemolo replied: "Yes, why not? This could be one idea."
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With "Mad" Max Mosely's proposed regulations for 2008 amounting to
"Formula 2400 UK" (2.4l v-8s, store-bought chassis, spec brakes, spec
FIA ECUs, spec H-pattern gearbox, no TC), already receiving great
support and acceptance amongst the garagistes, Ferrari would be
foolish not to pull up stakes, halve their motorsport budget, and
reinvigorate GT and sport prototype racing.