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Arrivabene defends Ferrari cost-cap veto
Ferrari team principal Maurizio Arrivabene has insisted his team's decision to veto the FIA's cost cutting plan has been made based on its 'commercial principles' given the funding it pours into engine production. Earlier this week, the FIA confirmed Ferrari exercised its veto on a cost cap for F1 power units and gearboxes, a move that has prompted both it and FOM to instigate a tender for a different specification 'customer engine' to be made available to teams from 2017 at a much lower price. With the clear implication of Ferrari seen as the FIA and FOM's way of putting pressure on it and the other manufacturers to co-operate on cutting costs or face being overruled, Arrivabene has...
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