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Ferrari veto engine cost limit
The FIA have issued a call for tenders to supply a cheap engine for 2017 after Ferrari vetoed plans to set a maximum price for customer power units. Along with F1's commercial rights holder FOM, the FIA put forward a cost cap on customer engine and gearbox supplies to the Strategy Group which was passed by a majority vote. However, the FIA say Ferrari blocked the move using "the right of veto long recognised under agreements governing F1". Engine supplies are currently the focus of attention in Formula 1, with Red Bull without a unit for 2016 after being rejected by Mercedes having announced their intention to split from Renault. The former champions have reportedly been offered...
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8y ago from SkySports.com
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