Formula One: Ferrari wave the white flag?
September 24, 2013 -- Updated 1331 GMT (2131 HKT)
Ferrari's Fernando Alonso finished second at the Singapore Grand Prix, despite starting seventh on the grid.
- Ferrari will prioritize 2014 campaign for the rest of this season
- Ferrari's Fernando Alonso trails Sebastian Vettel by 60 points in the drivers' standings
- Vettel's win at the Singapore Grand Prix was his seventh of 2013
- The Red Bull driver is bidding for a fourth consecutive world championship
(CNN) -- Sebastian Vettel has already won the 2013 Formula One world championship -- at least that's the view of his Ferrari rivals, despite there being six races left this season.
Red Bull driver Vettel took the checkered flag at Sunday's Singapore Grand Prix to win his seventh race of the year and extend his lead over Ferrari's Fernando Alonso in the drivers' standings to 60 points.
Despite an encouraging race which saw Alonso finish in second place after starting seventh on the grid, team principal Stefano Domenicali declared that Ferrari will be prioritizing 2014 between now and the end of the current season.
Read: Vettel wins Singapore Grand Prix
Red Bull's Sebastian Vettel lifts the trophy under lights following his victory at the Singapore Grand Prix, F1's only night race.
Vettel's Singapore success
Niki Lauda on F1's most dangerous years
"Now it's clear that 99% of our energies will be concentrated on the 2014 project," Domenicali told Ferrari's official website.
"Ahead of the summer break we were striving hard for a performance gain in Singapore, on a track with characteristics that are particularly unsuitable for our car.
"Instead we lost even more ground, despite the fact that the F138 has improved in certain ways, otherwise Fernando would never have managed to do what he did in the second part of the race in terms of tire management.
Blog: Does F1 lack compelling characters?
"We still have some new parts for the car that we will bring to the coming races but, above all, we will now try to make the most out of what we already have."
Two-time world champion Alonso last week pledged his loyalty to Ferrari amid reported interest from former team McLaren, and on Saturday said he wants to extend his contract.
A promotional image for the new Formula One film "Rush." Australian actor Chris Hemsworth plays the hedonistic James Hunt (left) while Daniel Bruhl plays his on-track nemesis Niki Lauda.
Rush movie premiere
Ferrari will pit two world champions against each other in 2014 as Kimi Raikkonen (left) returns to join Fernando Alonso. The pairing could be one of the most sensational in the history of Formula One.
The 'Ice Man' of F1
Next season Alonso will be partnered by Kimi Raikkonen, the current Lotus driver who was the last man to win the drivers' championship for Ferrari in 2007.
Read: Raikkonen switch to wake up Alonso?
Alonso hopes a raft of new technical regulations which will be introduced to the sport next season will benefit Ferrari.
"We started (the season) in a good way," the 32-year-old, who is without a grand prix win since May, told the BBC.
"We were competitive in Australia, maybe not in qualifying but in the race we were taking care of the tires very, very well, together with Lotus.
"We won in China, we won in Spain and then we seemed to lose a little bit of performance, especially when the 2012 tires came back.
"For next year, we start from zero. Really we will put all our effort and hopes into 2014, because starting from zero is our best opportunity to close the gap with all the top teams."
Part of complete coverage on
March 15, 2014 -- Updated 0108 GMT (0908 HKT)
The big winners of this Formula One season could be road drivers rather than F1 racers, according to one former world champion.
March 14, 2014 -- Updated 1730 GMT (0130 HKT)
The Williams team welcomes the biggest rule changes to Formula One cars for a generation.
March 13, 2014 -- Updated 1916 GMT (0316 HKT)
Mercedes driver Lewis Hamilton sums up the dawn of a new Formula One era in three juicy words -- weird, mind-blowing and challenging.
March 12, 2014 -- Updated 1216 GMT (2016 HKT)
Formula One is taking another step in its techno evolution this season, which could be more unpredictable than it has been for a long time.
February 24, 2014 -- Updated 2255 GMT (0655 HKT)
Despite being a sport well into its seventh decade, only two women have ever driven in Formula 1 but Susie Wolff hopes to become the third.
February 24, 2014 -- Updated 1736 GMT (0136 HKT)
Jann Mardenborough on the similarities and differences between driving a race on a video game and driving a real F1 car.
February 22, 2014 -- Updated 1226 GMT (2026 HKT)
How Russian president Vladimir Putin helped turn a muddy hole in the ground into a $400 million futuristic grand prix track in Sochi.
February 21, 2014 -- Updated 0013 GMT (0813 HKT)
Vilified by the the international community for his government's attitude on gay rights, Russian president Vladimir Putin has found an ally.
January 22, 2014 -- Updated 1217 GMT (2017 HKT)
CNN's Rosie Tomkins speaks to Caterham F1 owner Tony Fernandes on the team's driver line-up for 2014.
March 13, 2014 -- Updated 1613 GMT (0013 HKT)
He is Formula One's undisputed No. 1, and next season Sebastian Vettel will have proof of that fact emblazoned on his Red Bull.
December 4, 2013 -- Updated 1633 GMT (0033 HKT)
A new era of F1 looms large on the horizon in 2014, but what do the new rules mean for how we watch the sport? Get up to speed here.
October 17, 2013 -- Updated 1056 GMT (1856 HKT)
Explore our interactive of one of F1's most important and complicated pieces of kit.
Today's five most popular stories