Marchionne wants Alfa Romeo back in F1

Maranello, Italy - Fiat Chrysler chief executive, Sergio Marchionne, says the company would like to bring Alfa Romeo back to Formula 1.

Giuseppe Farina and Juan Manuel Fangio won the first two F1 titles while driving for Alfa Romeo but the company has been out of the sport since the 1980s.

Marchionne, who is also Ferrari's chairman, says "It's incredible how the Alfa Romeo brand remains in people's hearts. That's why we're thinking about its return to racing, as our competitor, in F1."

With Ferrari drivers Sebastian Vettel and Kimi Raikkonen having finished third and fourth behind Mercedes' Lewis Hamilton and Nico Rosberg this season, Marchionne is demanding an improved car for 2016.

He says: "Overall, I am very pleased, considering where we started from this year."

RACING LEGEND: World Champion Juan Manuel Fangio racing an Alfetta at the Nuerburg Ring race track in Germany during the German Grand Prix race July 29, 1951. He finished second. The Alfa Romeo Tipo 158/159 'Alfetta' is the smallest and most famous Alfa Romeo race car. Image: AP