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Motorsport Week

Ferrari defends use of its veto over engine cost cap

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10 years ago
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Ferrari has defended its decision to veto the FIA’s proposal to cap the cost of customer engine supply deals, branding the idea an “obscene concept”.

The governing body chose to publicly ‘out’ Ferrari for using its veto powers – something Bernie Ecclestone granted the Italian outfit due to their historical status – a step many inside the paddock considered unusual.

However Ferrari chairman Sergio Marchionne took the time to explain the reason behind their decision whilst talking to reporters on Monday, during Ferrari’s Finali Mondiali event.

“Thinking that the FIA and FOM can pass to the engine manufacturer the obligation and the financial responsibility to finance their engines to other teams, I consider it an obscene concept,” he said.

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“I believe Jean Todt is looking for a solution but I think that Ferrari cannot be considered incoherent regarding the development of their power unit. This has to be resolved with Ecclestone and the others.

“It is not a Ferrari problem and the idea that we could have a moral obligation to provide the engines, it’s on the limit. And the same goes for imposing price limits on those power units.

“If somebody would know the costs involved in the development, the prices we talk about don’t even cover spark plugs. This is outside any industrial and corporate logic.”

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