Formula One legend Niki Lauda has said that the F1 world championship will not be decided by speed in 2014 but by the team who can produce the most reliable car.e said the team having the least failures this year will be world champion.
The Austrian, who won two of his three world titles with Ferrari, was speaking on the eve of the launch of the team's new car for the 2014 season.
Ferrari, like all F1 teams have had to completely transform their cars for the forthcoming season to comply with a raft of new technical regulations. The biggest has been a change from 2.4-liter V8 engines to leaner 1.6-liter V6 turbo-powered engines, CNN reports.
With the new season kicking off in Melbourne in mid-March, Ferrari and other teams will be launching their new cars over the coming days.
Ferrari follow the McLaren team who unveiled their new MP4-29 on Friday.
