News Details

Todt admits disappointment at Ferrari engine cost veto

FIA president Jean Todt, has admitted to disappointment at Ferrari's decision to veto a bid to cost-cap engines. The Italian manufacturer's move was revealed on Monday, when the FIA announced its intention to tender for a cheaper, independent engine supply, though it is believed the Italian company will have had the private support of fellow engine suppliers Mercedes, Renault and Honda. The FIA had intended capping the engines at €12m (£8.5) a year, whereby at present customers are charged around €20m (£14.2), however, Ferrari, which some years ago was granted the power to veto virtually any regulation change it doesn't agree with, opted to exercise that right. It's a...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Todt: A veto is like having a gun in the pocket

FIA president Jean Todt admitted that he is disappointed with his former...
9y ago from GrandPrix247.com

Ferrari defends right to veto 2017 F1 engine cost cap

Ferrari defends right to veto 2017 F1 engine cost cap Ferrari has...
9y ago from ThisIsF1.com

Ferrari: Why do we have to justify our veto?

Ferrari has defended their decision to veto the FIA's efforts to impose...
9y ago from GrandPrix247.com

Arrivabene defends Ferrari cost-cap veto

Ferrari team principal Maurizio Arrivabene has insisted his team's...
9y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez to receive factory-spec Ducati for 2026...

Alex Marquez is set to be rewarded for his 2025 MotoGP efforts and...
27m ago from MotorsportWeek.c...

Marc Marquez: Misano MotoGP victory was the...

Marc Marquez bounced back from his first MotoGP Sprint race retirement of...

Popular On IndyCarToday.com

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...
20h ago from MotorsportWeek.c...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

David Ornstein announces 'shock' Arsenal departure and...

Arsenal have made a major shake-up at boardroom level as Tim Lewis has...
1h ago from CaughtOffside.com

Why not both?

Morning all, and happy Friday to you. It's a quiet one, with preparations...
2h ago from Arseblog.com

Henry, Arteta and more! Arsenal's best PL goals...

Ahead of their clash against Manchester City at the Emirates, take a look...
4h ago from SkySports.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.