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
Should there be a tear-off rule following Marco...
No description available...
19h ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
1d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
1d ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
2d ago from Motorsport.com
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
2d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
2d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
2d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man United lead Arsenal in the race for 50m-rated...
Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
1h ago from CaughtOffside.com
“Ethan has to respond” - Arsenal boss Arteta makes...
Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
34m ago from SportsKeeda.com
Arsenal and Liverpool ready to pounce on 24-year-old...
Arsenal and Liverpool are interested in signing Daniel Svensson from...
3h ago from CaughtOffside.com
Arteta: If you lose a match, they destroy you - you...
Mikel Arteta has urged his Arsenal players to "love" the noise...
1h ago from SkySports.com
Comments
Hottest News
Former F1 driver Alex Zanardi dies aged 59
Former F1 driver and Paralympic champion Alex... Read More »
1h ago from GPFans.com
Russell caught off guard by ‘damn impressive’ McLaren...
It was supposed to be another measured step in a... Read More »
44m ago from F1i.com
Adjusted 2026 F1 Miami Grand Prix Sprint starting grid...
Find out who is starting where for the 2026 F1... Read More »
6h ago from RacingNews365.com
