FIA president Jean Todt determined to ensure costs remain under control in F1

FIA president Jean Todt says the governing body is intent on ensuring that costs are kept under control in Formula 1, amid concerns from some teams about a ramp up in expenditure for 2014

FIA president Jean Todt determined to ensure costs remain under control in F1

With outfits bracing themselves for a likely increase in the money needed for customer engine deals for the new V6 turbos from 2014, there have been some suggestions that the less well-financed outfits may struggle to find more money amid the current worldwide financial turmoil.

Adding his voice to the worries earlier this week, Ferrari president Luca di Montezemolo called for urgent action to help save F1 from the economic situation in Europe.

Now, ahead of a meeting of the FIA's World Motor Sport Council on Friday, Todt has confirmed that the governing body is keen to undertake a co-operative stance with teams and engine manufacturers to try and help the situation.

"It is true that the [2014] package will be more expensive, but it is also true that the FIA has been in consultation with the engine suppliers in order to reduce the cost increase," he told AUTOSPORT in an exclusive interview.

"For example we have already agreed to a reduction in the number of power units. From eight per driver per season in 2012, we will reduce this to five per driver in 2014 and to four per driver per season in 2015."

Todt called a meeting with F1 teams on the Monday after the Monaco GP to address the general costs situation in the sport, and has said that efforts to finalise the implementation of a Resource Restriction Agreement are ongoing behind closed doors.

"We are discussing this as we have been asked by 10 of our 12 teams to control costs," he said.

"The FIA's Chief Administrative Officer Damien Clermont is talking to the financial heads of all the 12 teams in F1 concerning the chassis costs and with all engine manufacturer for the engine costs. This follows the meeting with all the teams I called on the Monday after the Monaco GP."

One rule change that has been suggested by Renault to help reduce engine costs for 2014 is to free up the limit of supply deals that manufacturers are allowed to provide.

Currently, no manufacturer can provide more than three teams without express permission of the FIA - while Renault believes fallowing it to increase the number of its partners could help make deals cheaper.

Todt has indicated he is reluctant to embrace such a move, however, but would not rule it out if it was decided that it would be best for the sport.

"At the moment the plan is to continue to apply the existing rules, but of course if we need to adapt to a specific situation, we will look into it," he said. "It is up to the President of the FIA to make a proposal to the WMSC."

One thing Todt has ruled out completely is to make any imposition of radical rule changes without having gone through the normal channels of approval by the F1 Commission prior to any WMSC vote.

When asked if he believed the lack of a Concorde Agreement for 2014 meant the FIA was free to implement cost-saving rule changes that had the support of a majority of teams, Todt said: "In the first place, the FIA is responsible for the safety, and for all sporting and technical matters relating to the FIA F1 Championship.

"As such, the federation is in discussions regarding the conditions of a new Concorde Agreement with the Commercial Right Holders and the teams, and this will define the F1 Commission.

"As these talks are ongoing, and until they are resolved, any changes to the 2013 Championship Regulations should comply with the relevant provisions of the International Sporting Code."

* For a full analysis on the 2014 engine situation - including what the costs for teams are likely to be and what manufacturers are doing to help the situation - see this week's AUTOSPORT and Dieter Rencken's Weekly Grapevine.

shares
comments
F1 engines: May the force be with them

Previous article

F1 engines: May the force be with them

Next article

Europe preview quotes: HRT

Europe preview quotes: HRT
Load comments

About this article

Series Formula 1
Author Jonathan Noble
The 'new' F1 drivers who need to improve at Imola Plus

The 'new' F1 drivers who need to improve at Imola

After a pandemic-hit winter of seat-swapping, F1 kicked off its season with several new faces in town, other drivers adapting to new environments, and one making a much-anticipated comeback. BEN ANDERSON looks at who made the most of their opportunity and who needs to try harder…

The delay that quashed Aston Martin’s last F1 venture Plus

The delay that quashed Aston Martin’s last F1 venture

Aston Martin’s only previous foray into Formula 1 in the late 1950s was a short-lived and unsuccessful affair. But it could have been so different, says NIGEL ROEBUCK

Formula 1
Apr 10, 2021
Verstappen exclusive: Why lack of car-racing titles won't hurt Red Bull's ace Plus

Verstappen exclusive: Why lack of car-racing titles won't hurt Red Bull's ace

Max Verstappen’s star quality in Formula 1 is clear. Now equipped with a Red Bull car that is, right now, the world title favourite and the experience to support his talent, could 2021 be the Dutchman’s year to topple the dominant force of Lewis Hamilton and Mercedes?

Formula 1
Apr 9, 2021
Are we at peak F1 right now? Plus

Are we at peak F1 right now?

For many, many years Formula 1 has strived to do and to be better on all fronts. With close competition, a growing fanbase, a stable political landscape and rules in place to encourage sustainability, 2021 is on course to provide an unexpected peak

Formula 1
Apr 8, 2021
How crucial marginal calls will decide the Red Bull vs Mercedes battle in F1 2021 Plus

How crucial marginal calls will decide the Red Bull vs Mercedes battle in F1 2021

The longer Red Bull can maintain a performance edge over Mercedes, the better the odds will be in the team’s favour against the defending world champions. But as the Bahrain Grand Prix showed, many more factors will be critical in the outcome of the 2021 Formula 1 World Championship

Formula 1
Apr 7, 2021
How Williams’ new structure adheres to a growing F1 trend Plus

How Williams’ new structure adheres to a growing F1 trend

Williams held out against the tide for many years but, as MARK GALLAGHER explains, the age of the owner-manager is long gone

Formula 1
Apr 6, 2021
When a journeyman driver's F1 career lasted just 800m Plus

When a journeyman driver's F1 career lasted just 800m

Nikita Mazepin’s Formula 1 debut at the Bahrain Grand Prix lasted mere corners before he wiped himself out in a shunt, but his financial backing affords him a full season. Back in 1993 though, Marco Apicella was an F1 driver for just 800m before a first corner fracas ended his career. Here’s the story of his very short time at motorsport’s pinnacle

Formula 1
Apr 4, 2021
The nightmare timing that now hinders Mercedes Plus

The nightmare timing that now hinders Mercedes

Mercedes and Lewis Hamilton took victory at the Bahrain Grand Prix despite, for a change, not having the quickest car. But any hopes of developing its W12 to surpass Red Bull's RB16B in terms of outright speed could not have come at a worse time.

Formula 1
Apr 2, 2021