News Details

FIA to impose engine cost cap to help small teams

FIA president Jean Todt has finally admitted that engine costs in Formula 1 are far too high following the switch from V8 engines to hybrid turbo-V6 power units. The Frenchman has remained relatively quiet on the matter, despite several of the smaller teams expressing great concern that the cost of being an engine customer is far too high. Prior to the switch to the new power units, a team would be expected to pay around £4 million (€5.6m, $6.3m) annually for a years worth of engines, which equated to 16 units plus an additional eight for testing purposes between two cars. Now teams are expected to pay around £15m (€21m, $23m) for just eight race engines and roughly...
Full Story »
Share

You May Also Be Interested In...

FIA plans to introduce engine cost cap

– Formula 1's governing body, the FIA, has vowed to address the...
10y ago from GPUpdate.net

Ferrari willing to supply Red Bull with engines

Ferrari would be more than happy to open up discussions with Red Bull...
10y ago from GrandPrixTimes.com

Red Bull set to decide on engine plans tonight

The Red Bull team is yet to decide if it will use its fifth Renault engine...
11y ago from Motorsport.com

Ferrari engine's for Red Bull is nonsense - Mateschitz

Red Bull will not switch from Renault to Ferrari engines in 2016 or...
11y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Road America – Qualifying Results

Qualifying for the NTT IndyCar Series was held Saturday afternoon, with...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Declan Rice reveals he has played through hamstring...

t;li>Midfielder says schedule ‘obscene’ for club and countryBut...
3h ago from TheGuardian.com

'Not going to find somebody better' - Patrick Vieira...

France legend Patrick Vieira has lavished praise on England forward Noni...
2h ago from SportsKeeda.com

'I'm not at 100 per cent' - Arsenal star admits he is...

Arsenal star William Saliba has revealed that he is playing through...
4h ago from SportsKeeda.com

The independent/unofficial ‘Arsenal win the...

Folks, I'm not sure if you're aware, but Arsenal won the league! We are...
7h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.