Back to the Auto Racing Newsfeed

FIA president Jean Todt keen to remove Ferrari's veto

FIA president Jean Todt is against extending Ferrari's veto over Formula One's regulations when it expires at the end of 2020.

The longstanding veto was upheld under the last commercial agreement between the sport and teams in 2013 and was last used in 2015 when Ferrari vetoed plans to introduce a cost cap on the price of customer engines. Its existence is hugely controversial as it gives Ferrari the right to overrule F1's governance process.

The sport is running out of time to make important decisions about its direction beyond 2021, with a new set of engine regulations and commercial arrangements set to be issued by the FIA and Formula One later this year.