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Ferrari vetoes F1 engine supply cost cap

The costs associated with competing in Formula One are enormous. In addressing the problem, the FIA has proposed a number of measures aimed at reducing those expenses. But while most of the teams are apparently on board, one key player has exercised its veto to defeat the initiative. The issue came up at a recent meeting of the Formula One Strategy Group, where the participating parties discussed implementing a global cost ceiling, amending the regulations in order to drive down costs, and increasing the standardization of common parts. However one of the most concrete steps would have seen the FIA institute a maximum price which engine suppliers could charge independent teams for their power units. The issue was put to a vote, which the FIA reports passed with a "large majority." But Ferrari vetoed the measure, exercising the right accorded to it under the governing regulations – a step which the FIA will not contest. With its cost-cap measure defeated, the governing body has confirmed its intent to move ahead with proposals to bring in an outside engine supplier that will provide motivation to independent teams at a lower cost. As we recently reported, the price associated with securing power units from suppliers like Mercedes, Renault, and Ferrari, typically costs teams as much as $30 million per season – a solid two or three times what they cost in the previous V8 era. One of the leading contenders at this early stage to supply those low-cost power units is Cosworth. The British firm has long participated in the championship as an engine supplier, stepping back from the sport only recently. However other companies could enter a bid for the contract as well. A French outfit called PURE run by former BAR-Honda team principal Craig Pollock began development of an engine package back in 2011. BMW and Toyota both supplied V8 engines until a few years ago, while independent outfits like Mecachrome, Mugen, and TAG have also prepared F1 power units based on engines developed by major manufacturers. 26.10.15 FIA FORMULA 1 WORLD CHAMPIONSHIP - COST REDUCTION The FIA has studied cost reduction measures for teams participating in the FIA Formula 1 World Championship which were not conclusive, including: - a global cost ceiling, - a reduction in costs via technical and sporting regulations, - an increased standardisation for parts.

Ferrari LaFerrari XX confirmed, seen lapping the 'Ring?

Ferrari makes road cars and they make race cars, but the automaker found a middle ground somewhere in between when it launched the FXX in 2005. Homologated neither for race or street, the FXX emerged as Maranello's first customer development prototype, "allowing" well-heeled clients to test new components for the factory from behind the wheel of one of the most extreme performance machines Ferrari had ever made.
The FXX was based on the Enzo, and was succeeded by the Fiorano-based 599XX. Given the apparent success of the program, we knew it would only be a matter of time before Ferrari would roll out the next XX prototype. But what would it be based on? The Enzo-succeeding LaFerrari? The F12 Berlinetta that replaced the 599 GTB Fiorano? Or another model entirely, like the 458 Italia, FF or California?
Well now we appear to have our answer. Speaking during the Ferrari Racing Days (an extravaganza of cavallinos prancing around a different racetrack each year, held recently in Sydney), Antonello Coletta confirmed that development is underway on a LaFerrari XX. And he ought to know, seeing as how he's the head of the company's new Sporting Activity Department that overseas all of Ferrari's on-track activities - including the XX program. The news was confirmed by Ferrari in correspondence with Autoblog. Oh, and perhaps because of the spy photos you see above, which were shot recently at the famed Nürburgring track, showing an unpainted LaFerrari of some sort making fast laps and testing various tire options.

Get a load of these crazy European Nimrods

I've been attending the Geneva Motor Show for the better part of a decade, and it's become my favorite stop on the entire show circuit, in large part because of all the exotic automakers, coachbuilders and green startups. I also love the Palexpo's consistently mind-bending displays of tuners, who typically work exclusively on six-figure automobiles. Some offer subtle improvements and personalization programs, but most seem hellbent on being more outlandish and bizarre than the next, a room full of millionaire class clowns. More often than not, I spy something and think to myself "What kind of Nimrod would do that to a perfectly good ____ ?" This year, that rhetorical question is in fact a self-answering one.
The jokes, they write themselves.
But seriously, if you're wondering who would take a perfectly lovely Ferrari 458 Italia or a Lamborghini Aventador and affix a wild body kit of dubious aerodynamic and aesthetic merit at great extra cost (both to the car's MSRP and to its assuredly grenaded resale value), the answer could very well be Nimrod Elite Tuning, a newer high-end restyling house out of Slovakia. That last locational tidbit might also explain the company's unusual name, which is likely a nod to a mighty Biblical hunter (descendant of Ham and a king of Shinar, Nimrod is mentioned in Genesis and Chronicles) and not meant to be taken as a synonym for "idiot" or "moron."