Engine Cost Cap comes to F1 at last

By Adam Tate, Managing Editor

Formula One’s four engine manufacturer’s: Mercedes, Ferrari, Renault and Honda, have finally agreed to a season cost cap for their customer teams after months of speculation, argument and strife.

The soon to be announced deal comes on the heels of two days of meeting in Geneva for the Strategy Group and the F1 Commission. The plan proposed by the engine manufacturer’s calls for a cost cap of €12,000,000 per season for each of their customer teams. It is a significant reduction compared to current costs which have hit well into the 20 million euro range.

The plan effectively kills any chance of an independent engine coming to the sport in 2017 or 2018 when the next major regulation changes hit.

Also put forward are plans to ensure all current teams and supplied with engines as the sport looks to keep the V6 Turbo powerplants through the 2020 season.

The World Motorsport Council will look to ratify the changes at their upcoming meeting in March. We’ll have more information as it comes in.

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About

Associate Editor of Motorsports Tribune and jack of all trades, Adam is our resident Formula 1 expert. He has covered F1, IndyCar, WEC, IMSA, NASCAR, PWC and more. His work has been featured on multiple outlets including AutoWeek and Motorsport.com. A MT Co-founder, Adam has been with us since the beginning when he and Joey created Tribute Racing back in 2012. When not at the track or writing about cars, Adam can be found enjoying the Oregon back roads in his GTI.

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