Ferrari's threat to pull out of Formula One over disagreement with the sports world governing body has plunged the sport into fresh crisis. Ferrari has been vehemently opposing FIA's decision of introducing budget caps from 2010, a stand that has been endorsed by the company's board. However, this is not the first time that the Italian team has threatened to quit the sport. In 1986, Ferrari had issued a similar threat because of FIA's decision to introduce new engine regulations.

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