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...
10y 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...
10y 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...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia explains why it's ‘impossible'...

After failing to secure a podium at his Grand Prix at Mugello, Francesco...

Popular On IndyCarToday.com

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

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

IndyCar Road America – Race Results

Road America was the scene of this weekend’s IndyCar event, and high...

Popular On TotalWRC.com

Rallies around the world: The ones not to miss – and...

Rallying is unlike any other motorsport. It doesn’t unfold on pristine...

Popular On GunnersToday.com

Norgaard in, Partey out?

Morning all. Wherever you are in the world, I hope you're doing ok today....
2h ago from Arseblog.com

Collymore's column: Alejandro Garnacho disrespected...

In his exclusive column for CaughtOffside, former Liverpool and England...
4h ago from CaughtOffside.com

Real Madrid Transfer News Roundup: Los Blancos yet to...

Real Madrid travel to the Lincoln Financial Field on Thursday, June 26, to...
4h ago from SportsKeeda.com

Liverpool make surprise move to sign Arsenal and...

Liverpool have reportedly entered the race to sign Arsenal and Manchester...
9h ago from SportsKeeda.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.