P1racenews AI automatic summary:
Ferrari enters world of yacht racing with veteran Soldini
Ferrari has partnered with Italian yacht racer Giovanni Soldini to create a single craft under the Ferrari brand. Unlike other teams, Ferrari’s project is not connected to their Formula 1 operation. Red Bull and Mercedes contribute technology to America’s Cup programs through applied science projects, which showcase F1 technology and provide work for employees outside the budget cap. The FIA issued a technical directive last year to prevent IP from flowing back to F1 teams through these projects. Ferrari’s project aims to utilize cutting-edge technologies and generate innovations and sustainable solutions for both the marine and automotive industries. The details of the craft and the competitions it will compete in have not been disclosed.