News Details

Ferrari defends F1 engine supply cost-cap veto

Ferrari insists its decision to veto plans for Formula 1 to introduce a cost-cap on engine prices was not aimed at hurting the smaller outfits. A plan agreed by teams and the FIA to introduce a price ceiling on engines has had to be canned because Ferrari exercised a long-held veto it has on the introduction of new rules. It was a move that has prompted the FIA to begin evaluating plans for an independent supplier to provide a standard cheap engine. Speaking at the Mexican Grand Prix, Ferrari team principal Maurizio Arrivabene said that the only motivation for exercising the veto in this case was to protect its commercial interests, because it would dramatically cuts the profit it gets from...
Full Story »
10y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Ferrari veto led to FIA push for standard F1 engine

A decision by Ferrari to veto moves to introduce a cost cap on engines was...
10y ago from Motorsport.com

Sauber: FIA should focus on cost cuts, not alternative...

Sauber has made it clear that it is not in favour of plans for an...
10y ago from Motorsport.com

Wolff: F1 warned against 'Back to the Future' engine...

Formula 1 has been warned against going 'Back to the Future' with engine...
10y ago from Motorsport.com

Force India would defy Mercedes on standard engine vote

Force India says it will vote in favour of a move to bring an independent...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Victoria Government rejects MotoGP requests to move...

The Victoria State Government has rejected a request from MotoGP to move...

Dorna Sports unveils rebrand as part of MotoGP...

Dorna Sports has announced it will be officially known as MotoGP Sports...

Popular On IndyCarToday.com

David Malukas heads the timesheets in opening IndyCar...

The NTT IndyCar Series held the first of two open test days at Phoenix...
15h ago from MotorsportWeek.c...

George Barber, founder of iconic IndyCar venue, passes...

Barber Motorsports Park has announced that founder of the iconic track...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

'One of the only ones in that dressing room who has...

Rio Ferdinand has backed Gabriel Jesus to be a critical player for Arsenal...
1h ago from SportsKeeda.com

Manchester United overtake Arsenal & Barcelona in...

Manchester United now reportedly look to be leading the race for the...
1h ago from CaughtOffside.com

Report: Tottenham star could complete surprise...

Tottenham striker Richarlison is reportedly a transfer target for Atletico...
2h ago from CaughtOffside.com

Every Premier League free agent this summer, featuring...

We've got a list of every free agent who'll be on the market this summer...
3h ago from CaughtOffside.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.