Post by CookinFlat6 on Sept 18, 2015 14:59:17 GMT
The first major breakthrough in cost reduction for the smaller teams has been agreed. Sounds like Ferrari were over ruled especially on the windtunnel ban. they must be very unhappy about the this. Will they exercise their blanket veto?
It sounds like Merc compromised on the engine cost reduction and maybe got a payoff by the wind tunnel ban.
Renault with the most expensive engine have no more customers so they dont matter. Merc having had 4 customers for 2 years and the lowest price already are likely to be least affected and may have recouped enough sunk costs so far to reduce unit cost going forward.
It sounds like Merc compromised on the engine cost reduction and maybe got a payoff by the wind tunnel ban.
Renault with the most expensive engine have no more customers so they dont matter. Merc having had 4 customers for 2 years and the lowest price already are likely to be least affected and may have recouped enough sunk costs so far to reduce unit cost going forward.
A cost cap for engine-supply deals to customer teams and a ban on windtunnel testing have been agreed by the members of the Formula 1 Strategy Group, AUTOSPORT has learned.
Teams are spending around £15-20million per season for the 1.6-litre turbocharged V6s, which were introduced in 2014, compared to £7m during the V8 era.
In the push to reduce costs, it has now been agreed by a majority vote that current-spec engines will cost €12m (£9m), while a one-year-old spec will cost €8m (£6m).
A majority also agreed to a ban on windtunnel testing, leading to a greater use of CFD, though the specifics have yet to be discussed.
At present, both windtunnel and CFD use are limited.
Furthermore, there will be a €2m (£1.5m) cap on gearboxes, which for some teams will represent a 50 per cent saving.
The proposals must now be approved by the F1 Commission, and subsequently, the FIA World Motor Sport Council, which meets on September 30 in Paris.
Should they all go through, it is understood it could represent a cost-saving of between €20-25m (£14.5m-£18m).
The Strategy Group comprises Ferrari, Mercedes, McLaren, Red Bull, Williams and Force India, with each team holding one vote.
Teams are spending around £15-20million per season for the 1.6-litre turbocharged V6s, which were introduced in 2014, compared to £7m during the V8 era.
In the push to reduce costs, it has now been agreed by a majority vote that current-spec engines will cost €12m (£9m), while a one-year-old spec will cost €8m (£6m).
A majority also agreed to a ban on windtunnel testing, leading to a greater use of CFD, though the specifics have yet to be discussed.
At present, both windtunnel and CFD use are limited.
Furthermore, there will be a €2m (£1.5m) cap on gearboxes, which for some teams will represent a 50 per cent saving.
The proposals must now be approved by the F1 Commission, and subsequently, the FIA World Motor Sport Council, which meets on September 30 in Paris.
Should they all go through, it is understood it could represent a cost-saving of between €20-25m (£14.5m-£18m).
The Strategy Group comprises Ferrari, Mercedes, McLaren, Red Bull, Williams and Force India, with each team holding one vote.