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Todt disappointed by Ferrari

IA president Jean Todt says he's disappointed Ferrari have vetoed plans for a €12m engine price cap in F1, but is "quite optimistic" plans for a cheaper alternative will be introduced in 2017. Speaking at the Mexican GP on Saturday, Todt explained that although the governing body had pushed for the introduction of V6 turbo hybrids in 2014, the distribution of F1's revenues left smaller teams unable to afford them. In agreement with Bernie Ecclestone, the FIA suggested a price cap for engines and gearboxes for customer teams at the last Strategy Group meeting. The proposal gained a majority vote. But after Ferrari then imposed their unique and historic veto, the FIA proposed...
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