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FIA aims fire at Ferrari engine price ‘veto’

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FIA aims fire at Ferrari engine price 'veto'

FIA aims fire at Ferrari engine price ‘veto’

Confirming its push for a “client engine” in formula one, F1’s governing body has aimed fire at Ferrari.

Mercedes has already come out against Bernie Ecclestone’s plan for an alternative engine – perhaps an Indycar-based 2.2 litre twin-turbo V6 supplied by Cosworth or Ilmor – to go up against the existing 1.6 litre ‘power units’.

But the F1 supremo has called the current engines the worst thing that has ever happened to the sport he has ruled for almost four decades, and apparently now has FIA president Jean Todt on side for the fight-back.

In a statement, the FIA declared on Monday that it tried to cut costs in F1 with a budget cap or rule tweaks, or a maximum price for ‘power units’ because many small teams are struggling to afford the manufacturers’ current prices.

“These (maximum engine price) measures were put to the vote and adopted with a large majority,” the federation declared.

“However, Ferrari decided to go against this and exercise the right of veto long recognised under agreements governing F1.

“In the interest of the championship, the FIA has decided not to legally challenge Ferrari’s use of its right of veto.

“Therefore the FIA will initiate a consultation with all stakeholders regarding the possible introduction of a client engine, which will be available as of 2017.

“Following this consultation a call for tenders for this client engine, the cost of which would be much lower than the current power unit, could be undertaken,” the FIA added. (GMM)

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