Stakeholders agree on course of action for F1 engine dilemna

In the wake of the F1 Commission meeting earlier this week, the FIA have released a statement claiming that an agreement has been reached on the F1 engine stand-off.

The FIA reported:

The parties involved have agreed on a course to address several key areas relating to Power Unit supply in Formula One. These areas are:

The manufacturers, in conjunction with the FIA, will present a proposal by 15 January, 2016 that will seek to provide solutions to the above concerns.

The proposal will include the establishment of a minimum number of teams that a manufacturer must supply, ensuring that all teams will have access to a Power Unit.

Measures will also be put forward to reduce the cost of the supply of hybrid Power Units for customer teams, as well as improving their noise.

All stakeholders agreed that the developments will aim for the 2017 season at the earliest, and 2018 at the latest.

The first meeting between the FIA and the Power Unit manufacturers on this topic will be held this week at the Abu Dhabi Grand Prix.

Yesterday's meetings acknowledged the four credible Expressions of Interest made for the manufacture and supply of a less expensive alternative customer engine.

The F1 Commission agreed not to pursue this option at this stage – however, it will be reassessed after the Power Unit manufacturers have presented their proposal to the Strategy Group.