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Engine costs to be halved under new proposals
Engine costs could drop significantly from 2017 onwards if proposals by Formula 1's engine manufacturers are accepted by Bernie Ecclestone and FIA president Jean Todt. Ecclestone and Todt gave Ferrari, Mercedes, Renault and Honda a mandate to find a solution to the current engine crisis. With a deadline of January 15 looming, it's believed they have offered to reduce the cost of supplying engines to a customer team by roughly 50 per cent. That would take the current cost of around €20-22 million (£15-16.5m) down to €12m (£9m) per season, though that is also based on supply dropping from five power units per driver to just three. Whilst such cost savings...
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10y ago from GrandPrixTimes.com
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