Ferrari exercises 'One Free Engine Change Rule' ahead of 2008 F1 British Grand Prix for Kimi Raikkonen

Yes, and team Ferrari will be able to do that without any penalties whatsoever.

Thanks to a new rule introduced at the start of the 2008 F1 season, Ferrari will be able to change their engine in the middle of the year. And after their ace driver Kimi Raikkonen suffered a broken exhaust in France, the engine change was drastically needed.

Ferrari saw Kimi Raikkonen missed out on winning the 2008 F1 French Grand Prix after his car suffered a broken exhaust. That gave away concerns over the power unit of the new F2008.

Mechanics from the Ferrari pit crew have opted to change Raikkonen's engine for Silvertone in the 2008 F1 British Grand Prix and because of this new rule introduced at the beginning of the season, they can do just that without penalties.

A new rule was introduced at the beginning of this season that says any team can now have one free engine change at any point of the racing year after the same ruling refrained F1 teams from changing engines as much as they like in the past.

Ferrari team principal Stefano Domenicali expects his team to be as sharp as they were at Magny-Cours where, after Raikkonen hobbled with a broken exhaust, still managed to place second fastest behind teammate, Felipe Massa, who now leads the standings for the F1 drivers championship with the win in France.

''As far as Kimi's engine is concerned and keeping the rules in mind, to avoid a penalty, I think that we will use a new unit to try to reduce the risk,'' Ferrari team principal Stefano Domenicali said.

''Obviously we want to add another success, but we know that we've got...motivated competitors, who will try everything.''

''Last week we had three very good test days here [at Silverstone] and we think that we're competitive. To win we have to be humble and keep our feet on the ground. We have to work concentrated and with great attention for detail. If we can manage that, we can add another good result.''

Who will win the 2008 F1 Drivers Championship? Bodog Sportsbook has the odds.

Kimi Raikkonen 2.75

Lewis Hamilton 3.00

Fernando Alonso 7.00

Felipe Massa 7.00

Want more odds? Visit Bodog for more F1 betting odds and the best betting lines on some of today's biggest sporting events.

F1 British Grand Prix Kimi Raikkonen