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...
9y 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...
9y 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...
9y 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...
9y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Date set for IndyCar’s inaugural Grand Prix of...

The NTT IndyCar Series has announced a date for the first running on the...

Takuma Sato to contest 16th Indy 500 with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Maresca’s approach stifles talent but drifting...

otonous positional football grants Arsenal the most comfortable of 1-0...
3h ago from TheGuardian.com

Player ratings: Arsenal 1-0 Chelsea

Arsenal got back to winning ways in the Premier League on Sunday...
3h ago from FreshArsenal.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.