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...
10y 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...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

IndyCar announces multi-year extension with engine...

The NTT IndyCar Series has announced a long-term continuation with both...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal looking to bring 22-year-old back to...

Arsenal and Chelsea are reportedly interested in signing the Nottingham...
1h ago from CaughtOffside.com

Reort: Arsenal very keen on signing 18-G/A Brazilian...

Arsenal are reportedly interested in the Barcelona attacker Raphinha. ...
1h ago from CaughtOffside.com

Arsenal, Man United and Chelsea join intense pursuit...

Manchester United, Arsenal and Chelsea are interested in signing...
1h ago from CaughtOffside.com

Arsenal and Real Madrid enter transfer tug-of-war for...

Arsenal and Real Madrid are interested in signing the Borussia Dortmund...
20m 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.