News Details
Ferrari exercised veto to block engine cost cap - FIA
Formula 1's governing body, the FIA, has confirmed that during a Strategy Group meeting, Ferrari exercised its right to veto a cost cap for engine supply, despite the majority voting in favour. The cost of purchasing a supply of F1's new turbo-hybrid V6 power units - priced at around £20 million per season - has been raised as a problem since their introduction in 2014. A proposal to cap the cost was put to the teams with most voting in favour, however Ferrari, as the sports oldest team, has the right to veto any changes and decided to do so, according to a statement by the FIA. "The FIA, in agreement with FOM, suggested the principle of setting a maximum price for engine...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
FIA to push for standard engine for 2017
Red Bull/Getty Images The FIA has confirmed that it is investigating...
10y ago from F1Zone.net
FIA to investigate 'client engine' for 2017
– Formula 1's governing body, the FIA, is to investigate the...
10y ago from GPUpdate.net
FIA set to allow new engine, slams Ferrari veto on...
XPB Images
The FIA says it is set to allow a new power unit to...
10y ago from F1i.com
Arrivabene: We cannot ask for less than what it costs...
Ferrari has signaled its intention to veto any moves to cap the cost of...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Unravelling Fabio Di Giannantonio's crashes at the...
No description available...
16h ago from Motorsport.com
Rivals block KTM request to open up engines amid...
No description available...
21h ago from Motorsport.com
Where Marc Marquez ranks his Sachsenring MotoGP victory
After taking his 102nd career victory, Marc Marquez believes his...
22h ago from MotorsportWeek.c...
Jorge Martin: 'I won't lead the championship for long...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
President Donald Trump meets with IndyCar drivers in...
No description available...
12h ago from Motorsport.com
IndyCar video game delayed until 2027
iRacing and IndyCar have announced more details surrounding the upcoming...
3d ago from MotorsportWeek.c...
iRacing’s standalone IndyCar game now has a name and...
No description available...
3d ago from Motorsport.com
Winners and losers from the IndyCar race at Mid-Ohio
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Arvid Lindblad keen on rally future post-F1 after...
No description available...
17h ago from Motorsport.com
Toyota customer teams line up for new 2027 WRC car
No description available...
3d ago from Motorsport.com
Rome completes key milestone in pursuit of 2027 WRC...
No description available...
3d ago from Motorsport.com
Lancia turn to Martins Sesks, Teemu Suninen to help...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Ambitious. Fast. Smart.
Morning all. The first World Cup semi-final takes place this evening, as...
1h ago from Arseblog.com
Arsenal reconsider move for Arteta's top target after...
Arsenal’s pursuit of another elite midfielder has reached an unexpected...
2h ago from CaughtOffside.com
“He’ll smack me” - Mikel Merino chooses between...
Midfeilder Mikel Merino explained why he would pick his Spain teammate...
2h ago from SportsKeeda.com
Fabrizio Romano confirms Arsenal authorisation to seal...
Leandro Trossard is expected to join Turkish club Besiktas from Arsenal...
10h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner's extraordinary Red Bull sacrifice...
A former F1 journalist who followed Red Bull... Read More »
45m ago from GPFans.com
Aston Martin F1 insider reveals 'pain' and Adrian Newey...
An Aston Martin F1 team insider has spoken out... Read More »
1h ago from GPFans.com
The key Red Bull and McLaren problems limiting Mercedes,...
RacingNews365's technical analyst Paolo Filisetti... Read More »
1h ago from RacingNews365.com
