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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...
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10y ago from ThisIsF1.com
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