The FIA has revealed that Ferrari vetoed a proposed measure to institute a maximum price which engine suppliers could charge independent F1 teams, prompting it to look for an outside supplier.
At a meeting called by the FIA in Paris, the principals of each team agreed that a ten year ban was too long, but begun discussions on how costs could be curbed in the sport. Rather than continue imposing half-measures aimed at reducing costs, most of the teams agreed that the FIA should actually reduce costs by instituting an overall budget cap, as many had suggested... Autoblog included. Although Ferrari remains opposed to a budget cap, its former technical chief and now head honcho at Honda,
Although the stated aim of the tighter regulations is to reduce enormous costs of operating a Formula One racing team, the restrictions put F1 in danger of losing its status as the pinnacle of motor racing and further reduce the already-debatable benefit F1 development has on production road cars.
The hybrid price war is heating up. Mercury has released pricing for the 2008 Mariner hybrid. It's $26,620 and 2WD. The 2007 Mariner Hybrid was only 4WD and $28,615. Okay, maybe the price is lower because it's 2WD and not 4WD. I guess the price drops maybe a response to the loss of some tax deductions. So, there might not be a war but prices are dropping... or are they?
It will soon cost you a lot more to distort your face like putty and suck the plugs right out of your scalp while going deaf. What? Er, make that WHAT!? Right. Well, Brammo Motorsports has a hit on their hands with the Ariel Atom, and they've been forced to add more people to keep the skeletal rocket's production humming along. The $6,000 price increase spares us Dads, by appearing June 18th. That still leaves time for your loved ones to get you a 300 horsepower suggestion of a car. Six grand is