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"Painful" lessons highlighted Ferrari's shortcomings - Marchionne

Ferrari president Sergio Marchionne says the way in which his team lost the Formula 1 championship this year was "painful", but believes it has delivered valuable lessons in exposing its shortcomings. Having started the season strongly and led the standings for much of the year, Ferrari's campaign went into free fall after Sebastian Vettel's crash in Singapore, and engine problems in Malaysia and Japan. It title dreams finally ended in Mexico last weekend when Lewis Hamilton wrapped up the drivers' championship, a week after Mercedes clinched the constructors' crown in Austin. Speaking in an investors' call, Marchionne admitted that losing out on the championship would cost...
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