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Flavio Briatore will leave Formula One in two years, the Renault team boss said on Saturday.

Asked by reporters if he would ever work for champions Ferrari [Images], Briatore said: "I like to beat Ferrari but when my team doesn't win, being Italian, I obviously support Ferrari.

"But I don't think I will go to work at Maranello, especially as in two years I will stop."

Briatore also hailed Formula One's agreement to cut costs during the global financial crisis.

"The new rules will make Formula One more exciting and human. I agree that the constructors, in order to try to avoid the crisis, have given a good example by trying new ideas."