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					Ferrari's 
					President, Luca di Montezemolo, contributed to yesterday 
					morning's press conference held at the Autodrome Mugello to 
					present the new 248 F1. "It is right to change," began the 
					President in reference to the new location, "to give 
					priority to the track and to work without losing precious 
					time. Today is an important day as we are presenting a car 
					that is the fruit of a precise project that takes into 
					consideration the regulations and experience of the past 
					years. It is also three years to the day since Gianni 
					Agnelli passed away; a man I personally miss very much, as 
					does everybody at Ferrari and Fiat." 
					 
					President Montezemolo wanted to recall the fact that 
					Ferrari, over recent years, has always been at the top in 
					Formula 1. The aim for 2006 was to get back to a 
					championship challenging position. "After having lost two 
					titles at the last round, in 1997 and 1998, and six 
					consecutive world crowns, I don't want the 2005 results to 
					seem like the end of an era. We have lived through some 
					incredible years. Last year we suffered a little from the 
					successive rule changes but now we are looking ahead. We 
					want to get back to winning ways. 
					 
					"The 2006 norms are an improvement, we think", continued 
					Montezemolo commenting on the modifications made by the 
					Federation. "The qualifying format will be more exciting and 
					the tyre changes are back. We also agree with the changes 
					planned for 2008. Formula 1 has to guarantee overtaking, it 
					has to be an arena for experimenting with extreme 
					technologies and, at the same time, optimise costs with cuts 
					made to superfluous spending. The FIA is going in the right 
					directions and we adhere to this philosophy as it fits with 
					our ideas of Formula 1. It is a sport in which we have 
					always been involved and in which we will continue to be." 
					 
					The Ferrari President then reflected on the Scuderia's drivers: "we 
					have on the team a man like Michael Schumacher, who I 
					consider to be the best driver who has ever driven for 
					Ferrari, not only in terms of speed but also of consistency. 
					Michael bonds with the team even when things are not going 
					well and is able to pull out extraordinary performances that 
					we all remember. He has perhaps built something unrepeatable 
					at Ferrari. Now we have Massa, a young driver of enormous 
					potential who has been with us for years. Working with 
					Michael will help him very much and it was right to keep up 
					with the generational changes Formula 1 is witnessing." 
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							The brand new Ferrari 
							248 F1 takes to the track at Mugello yesterday in 
							Michael Schumacher's hands' (top) while above the 
							German former F1 World Champion dicusses the new car 
							with Jean Todt and Stefano Domenicali (above).  | 
						 
					 
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					"We are working 
					with the Centro Ricerche Fiat, our technical partners who 
					work on the 8-cylinder roadgoing engine, and all our 
					partners," said Luca di Montezemolo during the launch of the 
					Ferrari 248 F1 at Mugello yesterday.  | 
						 
					 
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					Montezemolo then spoke about the technical changes: "We are 
					living in times of significant change from a technological 
					point of view. We had been fans of the V12 for many years 
					and then, in the mid-1990s, were forced to switch to V10 
					engines with which we had great success. Now we are back to 
					the V8s that we last used in 1964 when we won with Surtees. 
					It is a big challenge in terms of power and reliability. It 
					drives us all on to do our best along with our partners and 
					technical suppliers." 
					 
					The President continued: "we are working with the Centro 
					Ricerche Fiat, our technical partners who work on the 8 
					cylinder roadgoing engine, and all our partners, especially 
					Bridgestone and Shell, to develop the engine and get the 
					most from the car. It is pleasing to have just renewed a 
					contract with an extremely important partner like Acer, who 
					supply cutting edge resources. Martini Racing is another 
					major partner and a name that is historic in racing and a 
					symbol of made in Italy." 
					 
					Ferrari testing on two fronts 
					 
					As well 
					as the official media launch of the new Ferrari 248 F1, the 
					car that will tackle this year's F1 World Championship 
					yesterday was a busy day of testing for the Scuderia. 
					Testing began at Mugello with the new car once its 
					presentation was over, while a second testing front was 
					opening up at Barcelona. 
					 
					On the Tuscan circuit, the 248 F1 had its maiden outing in 
					its official livery. On a day characterised by very low 
					temperatures, Michael Schumacher completed 44 laps, setting 
					a best time of 1:21.904. Based on a weather forecast that 
					predicts worsening conditions for the Apennines and 
					Tuscan-Emilio region, the Scuderia has decided to change its 
					development test programme: instead of continuing at Mugello, 
					testing will resume on Thursday 26th at Barcelona, again 
					with Michael Schumacher at the wheel.
					Yesteday, at the Catalan circuit, Marc Gene was in action, 
					with an F2004 powered by the new V8 engine at his disposal. 
					The Spaniard completed a total of 88 laps, the quickest in a 
					time of 1:16.581. Testing continues at this track today, 
					with Felipe Massa. 
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