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
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
16h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
19h ago from Motorsport.com
Pedro Acosta rates Sepang MotoGP test “six out of...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
15h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sandro Tonali's agent says 'transfer discussions will...
The agent of Newcastle United midfielder Sandro Tonali has seemingly...
18m ago from CaughtOffside.com
Arsenal plot summer coup for 'incredible' talent who...
Arsenal are interested in signing the Bournemouth attacker Eli Junior...
11h ago from CaughtOffside.com
Arsenal & Real Madrid queue for 90m star as agent...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
11h ago from CaughtOffside.com
Liverpool and Arsenal step up move for 75m star as...
AZ Alkmaar midfielder Kees Smit has been the name on everyone's lips over...
14h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff labels unseen F1 testing incident as major 2026...
The extra energy drivers have at their disposal... Read More »
38m ago from RacingNews365.com
F1: Engine row reaching crisis point?
Before a wheel has turned in anger, the start of... Read More »
15h ago from Pitpass.com
Oscar Piastri addresses McLaren F1 'disadvantage' concern
McLaren enter the year looking to defend its... Read More »
1h ago from RacingNews365.com
