News Details

Ferrari defends right to veto 2017 F1 engine cost cap

Ferrari defends right to veto 2017 F1 engine cost cap Ferrari has defended its decision to ‘veto' the FIA's efforts to impose a cap on the price of customer engines in formula one. In the form of an official statement announcing alternative plans for a parallel ‘client' engine formula for 2017, FIA president Jean Todt referred to the veto that is uniquely wielded by Ferrari. 'We exercised our veto in compliance with our legitimate commercial right to do business as a powertrain manufacturer,' team boss Maurizio Arrivabene said in Mexico on Friday. Asked how he can justify that stance morally in the face of smaller teams struggling to stay afloat, he added: 'Why do we have to...
Full Story »
10y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

Ferrari: Why do we have to justify our veto?

Ferrari has defended their decision to veto the FIA's efforts to impose...
10y ago from GrandPrix247.com

Ferrari veto FIA propose engine maximum price cap

Ferrari vetoed Formula One cost reduction measures that included a...
10y ago from GrandPrix247.com

Ferrari vetoed engine cost proposal

Ferrari vetoed Formula One cost reduction measures that included a...
10y ago from SuperSport.com

Ferrari veto engine cost limit

The FIA have issued a call for tenders to supply a cheap engine for 2017...
10y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta says the third MotoGP race start...

Pedro Acosta questioned the decision to continue the MotoGP Catalan Grand...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alexander Rossi involved in multi-car crash in...

Monday afternoon held a short practice session for the NTT IndyCar...

Mick Schumacher reveals unique challenge ahead of Indy...

Mick Schumacher has revealed a unique challenge he faces ahead of his...
11h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

21 G/A star at centre of transfer battle between...

West Ham United will reportedly need to make as much as £100m from player...
1h ago from CaughtOffside.com

Who said what? David Beckham, Santi Cazorla, Jorginho,...

Icons from the world of sport have reacted on social media as Arsenal won...
38m ago from SportsKeeda.com

Eli Junior Kroupi helped Arsenal to the title –...

Arsenal weren't on the pitch when the Premier League title was secured,...
1h ago from CaughtOffside.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.