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Ferrari defends use of its veto over engine cost cap
Ferrari has defended its decision to veto the FIA's proposal to cap the cost of customer engine supply deals, branding the idea an "obscene concept". The governing body chose to publicly 'out' Ferrari for using its veto powers - something Bernie Ecclestone granted the Italian outfit due to their historical status - a step many inside the paddock considered unusual. However Ferrari chairman Sergio Marchionne took the time to explain the reason behind their decision whilst talking to reporters on Monday, during Ferrari's Finali Mondiali event. "Thinking that the FIA and FOM can pass to the engine manufacturer the obligation and the financial responsibility to finance...
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10y ago from GrandPrixTimes.com
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