Alesi dropped from Ferrari academy amid budget problems

Giuliano Alesi has been dropped from the Ferrari Driver Academy and run out of funding for 2021, according to his father Jean.

Alesi’s journey through the F1 feeder series’ has largely been financed by private backing raised by his father, who recently spoke out about the rising costs of Formula 2 after admitting he sold his Ferrari F40 to add to Alesi Jr.’s budget.

Speaking to Swiss newspaper Blick, Alesi Sr. said: “We have no sponsors for 2021, Ferrari fired him from the Academy and I can no longer raise private funds.”

Ahead of the most recent F2 round in Sochi, Alesi left HWA to join MP Motorsport for the remainder of the campaign. However, Alesi Sr. said that the €80,000 fee needed to leave his HWA contract early has contributed to his son’s funding issues.

Alesi is 17th in the F2 standings having yet to finish in the points since the opening race of the season in Austria.

Giuliano Alesi, HWA (Scuderia Ferrari Press Office)