News Details

Mercedes already selling power units at a loss

Toto Wolff says Mercedes is reluctant to reduce the price of its power units for customers since it is already making a loss, though he insists the manufacturer is open to cost cutting dialogue. The FIA has sparked controversy by submitting a proposal to introduce a standard customer engine for 2017 after it was revealed Ferrari had utilised its veto to vote against a cost cap measures designed to reduce the price of the power units for small, cash-strapped teams. Indeed, with the FIA expressing its frustration at the lofty price of power units, which are believed to be in the region of 20-25 million euros, the organisation's president Jean Todt revealed the price should be more in the...
Full Story »
9y ago from Crash.net 0
Share

You May Also Be Interested In...

McLaren: We brought Honda into F1 and we don't want to...

McLaren has effectively confirmed reports it has vetoed the supply of...
9y ago from GrandPrix247.com

Boullier reveals why McLaren won’t permit Red...

Boullier reveals why McLaren won't permit Red Bull-Honda deal McLaren has...
9y ago from ThisIsF1.com

FIA to push for standard engine for 2017

Red Bull/Getty Images The FIA has confirmed that it is investigating...
9y ago from F1Zone.net

Ferrari veto engine cost limit

The FIA have issued a call for tenders to supply a cheap engine for 2017...
9y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin continues dispute with Aprilia over 2026...

Reigning MotoGP World Champion Jorge Martin has continued his 2026...
21h ago from MotorsportWeek.c...

Marco Bezzecchi: It was ‘almost impossible' to...

Marco Bezzecchi settled for second place after stating that it was...

Gresini reveals extent of Alex Marquez's injuries...

Gresini Racing team manager Michele Masini revealed the extent of Alex...

Popular On IndyCarToday.com

RLL having to ‘unwind’ and ‘backtrack’...

Rahal Letterman Lanigan Racing is making a concerted effort to move...
13h ago from MotorsportWeek.c...

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal caught in tough situation as key target holds...

Arsenal have been put into a tough predicament as top transfer target...
1h ago from SportsKeeda.com

Kepa's arrival official + Eze moves into the concrete...

Morning. Arsenal announced the first official signing of the summer...
3h ago from Arseblog.com

Arsenal close in on the signing of ‘world class'...

Arsenal are now in advanced negotiations with Sporting as they look to...
4h ago from CaughtOffside.com

Bayern Munich launch move to sign Liverpool star -...

Bayern Munich are reportedly interested in securing a deal for Liverpool...
4h ago from SportsKeeda.com

Comments

Hottest News

Sky Sports drops F1 bombshell: Verstappen says ‘Yes’ to...

Max Verstappen is reportedly on the brink of a... Read More »
49m ago from F1i.com

Reason for Vasseur's sudden paddock exit emerges

Jul.2   Amid raging speculation about his future... Read More »
39m ago from OneStopStrategy.com

F1: Verstappen rumours intensify

Italian media - yes, we know - claims that deal... Read More »
1h ago from Pitpass.com

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.