May 11 (GMM) Ferrari's executive board will meet to discuss "governance developments" and the future of formula one at Maranello on Tuesday, the Italian team has announced.
It is expected that, following Red Bull and Toyota's announcements that they will not lodge 2010 team entries with the FIA by the May 29 deadline, Ferrari president Luca di Montezemolo will then make a statement about the current political situation.Part of the afternoon board meeting will be devoted to "current situation analysis" related to F1, a Ferrari statement said on Monday.
