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Ferrari 'needs' to be involved in Formula E, says CEO Sergio Marchionne

Related Topics: Sergio Marchionne, Ferrari, Formula E

Ferrari CEO Sergio Marchionne says the Italian car company "needs to be involved" with all-electric series Formula E in the near future.

Last year the Ferrari boss indicated a willingness to join the Formula E grid "a few years from now". Unlike Formula One, the series has been successful in attracting manufacturers, with reigning world champions Mercedes reserving a place on the grid for the 2018/19 season.

Marchionne says Ferrari would learn a lot from the series which could be applied to its road car division.

"We need to be involved in Formula E because electrification via hybridisation is going to be part of our future," Marchionne told FIA publication Auto.