The Race has reported that Ferrari will evaluate programmes in the FIA WEC or IndyCar if the forthcoming F1 spending cap is deemed ‘too severe’ by the Italian marque.

The clarification given to The Race by Mattia Binotto comes after The Guardian reported that Ferrari would “consider their Formula One future if severe budget caps are imposed.”

Currently, Ferrari has a presence in the FIA WEC’s GTE classes, with a works-supported two-car AF Corse effort in GTE Pro and multiple customer teams in GTE Am using the 488 platform.

Ferrari has long been a part of the Technical Working Groups around both GT and LMP racing, including discussions on Le Mans Hypercar, which Ferrari have rejected, and LMDh, an area where the company has expressed interest, but predicated upon having an option for either a bespoke chassis (not available under the current regulations) or, at the very least a Ferrari-branded chassis.

DSC understands that any and all options are under consideration and discussion, but that this most certainly does not yet indicate any imminent confirmation of a programme.