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
Brad Binder reveals why he is optimistic he can bounce...
Factory KTM rider Brad Binder has admitted that his 2025 MotoGP season...
3h ago from MotorsportWeek.c...
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
6h ago from Motorsport.com
Jorge Martin never thought ‘Why is this happening to...
No description available...
8h ago from Motorsport.com
Enea Bastianini ‘can’t explain’ KTM tyre...
Enea Bastianini admitted he “can’t explain why” he struggled to...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
1h ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
1d ago from Motorsport.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
3d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
6d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eyeing up January move for 20-year-old...
Corinthians star Breno Bidon has emerged on Arsenal’s transfer radar...
30m ago from SportsKeeda.com
Edu leading charge for midfield sensation as Arsenal...
Arsenal are interested in signing the Brazilian midfielder Breno Bidon...
2h ago from CaughtOffside.com
Aston Villa the thorn in Arsenal’s side that Arteta...
la have sunk the Gunners’ title hopes in recent seasons but Gabriel’s...
6h ago from TheGuardian.com
‘Dreams are free’ for Aston Villa as Unai Emery...
t;li>Manager reflects on lessons learnt from past seasonsThird-placed...
6h ago from TheGuardian.com
Comments
Hottest News
Red Bull used as shining example for Audi: 'It's not an...
Audi will be one of two new teams on the grid in... Read More »
50m ago from RacingNews365.com
The Ferrari dinner that may have just ended Lewis...
Let's get to the point, Lewis Hamilton's first... Read More »
6h ago from GPFans.com
George Russell reveals 'envious' growth over Lando Norris...
George Russell has revealed his pleasure in... Read More »
1h ago from RacingNews365.com
