Abu Dhabi: Formula One's engine manufacturers met Saturday to discuss ways of reducing costs for teams and head off the threat of the sport introducing a cheap independent engine.
The sport's governing body, the FIA, had put out tenders for the manufacture and supply of independent engines, and received interest from several companies. Current engine suppliers used their regulatory power to block the idea and instead said they would come up with their own way of reducing costs for customer teams.
The current engine suppliers — Mercedes, Ferrari, Renault and Honda — plan a series of meetings after Saturday's discussion, and report back proposals to the F1 Commission on Jan. 15.