Nov.7 (GMM) Formula one team bosses this week have been meeting for more discussions about future rules.
The chief motivation of the London meeting is believed to have been efforts to stave off the threat of standard engines in 2010.
According to the British newspaper The Guardian, FOTA - the alliance of the ten F1 teams - is willing to agree to the FIA's counterproposal that manufacturers make customer engines available to privateers for no more than 5 million euros per season.
"This was a figure that we have targeted as being part of our objective," McLaren's Ron Dennis said.
With the 5m euro engines for 2010 combined with the extension of engine life next year from two to three races, FOTA is hopeful the FIA will be satisfied with the sport's cost-cutting agenda.
"This is a first package of proposals, voted unanimously, which will bring important cost reductions," Ferrari president Luca di Montezemolo, the FOTA chairman, told Italy's La Gazzetta dello Sport.
Written: Fri, 07 Nov 2008 09:39:00
[ Print View ][ E-Mail Article ]
- March 20, 2010FIA tells 2011 entrants to express interest
- March 05, 2010FIA's Whiting to inspect McLaren wing
- February 25, 2010USF1 in deep trouble?
- February 11, 2010FIA - teams cannot miss races
- February 09, 2010Confusion over three race absence rule
- November 11, 2009N.Technology court case fails
- October 23, 2009Todt beats Vatanen to FIA presidency
- October 23, 2009Election day at FIA
- October 21, 2009Vatanen withdraws FIA legal action
- October 16, 2009Vatanen attacks Mosley tactics
- (November 07, 2008)View all headlines from this date
