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Marchionne hits out at veto criticism
For anyone who was still unclear as to why Ferrari had exercised its right of veto in terms of the move to introduce a cost-cap on engine prices for customers, Ferrari president Sergio Marchionne has left them in no doubt. The FIA, with the aid of FOM, had sought to introduce a cap on engine prices, and while only Ferrari came out publicly - using its infamous vetoing power - the Italian manufacturer will have had the full support of its rivals. Indeed, speaking in Mexico, Mercedes Motorsport boss Toto Wolff said his company is already selling its units at a loss. With Ferrari blocking the move, the FIA is now looking to find an independent manufacturer who will produce a cheaper engine,...
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