Todt: FIA disappointed by Ferrari's engine veto

Jean Todt, the president of the FIA, expressed his dissatisfaction after seeing Ferrari vetoes introduction of floor price for customer engines and gearboxes. The International Automobile Federation hoped to improve the situation of the most modest teams on the plateau of the F1 who are struggling to raise the necessary funds to continue the adventure, but the Prancing Horse estimated that the cost of 12 million euros envisaged was insufficient.

“I am not responsible for the manufacturers' budgets and their expenses, but I think it was not a fair idea”, declared Jean Todt in the paddock of the Mexican GP. “It’s disappointing that Ferrari vetoed the cost limit. We had to look for another option. A vet is like having a gun in your pocket. You have to be careful when using it. »

The FIA ​​has thus announced that it is studying the introduction of a new standard customer engine for 2017 which would be more accessible for the most modest teams. “If we cannot limit costs, we must find another solution otherwise some teams risk bankruptcy... It already starts with a completely unfair distribution of income to which we can do nothing (the distribution being managed by the FOM ). I want the teams to have access to the best income and to be able to pay a fair price for the engines as customers”, added the former director of Scuderia Ferrari.