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Ferrari: F1 cost cap idea 'obscene'

Ferrari chairman Sergio Marchionne has labelled attempts by Bernie Ecclestone and Jean Todt to impose cost limits on Formula 1 engines as 'obscene'. Despite a majority of teams voting in favour of the idea of capping prices on current customer engines at 12 million Euros, the matter had to be dropped after Ferrari exercised a long-standing rules veto. Ferrari's decision to step in has left FIA president Todt frustrated, but Marchionne has hit out at the idea of the governing body getting involved in the finances of teams. "Thinking that the FIA and FOM can pass to the engine manufacturer the obligation and the financial responsibility to finance (subsidise) their engines to other...
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