FIA make private settlement with Ferrari over F1 engine

FIA make private settlement with Ferrari over F1 engine

LONDON (Reuters) – Formula One’s governing body said on Friday it had reached a settlement with Ferrari (NYSE:) after technical investigations into the team’s 2019 power unit.

Details of the agreement were kept private but the governing FIA said both parties had agreed to “a number of technical commitments”.

It said these would improve monitoring of all Formula One power units in future and “assist the FIA in other regulatory duties in Formula One and in its research activities on carbon emissions and sustainable fuels.”

Ferrari’s engine was the subject of much speculation last year, with rivals suspecting the team were circumventing fuel flow sensors to gain performance.

They had started the season as early favorites after impressive times in testing and a clear straight line speed advantage.

The performance appeared to tail off, however, after the FIA issued several technical directives concerning fuel flow sensors later in the year.

The team denied anything untoward, with principal Mattia Binotto saying in December they had been one of the most checked teams on the grid.

“We have never changed our way of operating the engine for the last part of the season,” he said.

Ferrari finished runners-up to Mercedes last year, with three race wins.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Latest Category Posts