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Ferrari defend use of veto

errari exercised their right to veto plans for a cap on the cost of customer engines for "legitimate commercial" reasons, team principal Maurizio Arrivabene has insisted. The FIA revealed earlier this week that Ferrari had blocked plans to introduce a limit on the price of engines to customer teams from 2016, which would have brought the cost down from around €20m to €12m for same-year units. In response - a move interpreted as an escalation in a battle for power between the sport's rulemakers and the leading manufacturers - the FIA proposed the launch of a tender for an independent 'budget' engine supplier from 2017 to provide an alternative option. Ferrari's right of...
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