F1 costs will drop – Renault

Date published: December 31 2014 - Editor

Renault Sport head of track operations Remi Taffin is confident that the cost of running a Formula One team will drop, amidst calls to change engine regulations.

After both Caterham and Marussia went in to administration in 2014 and several other teams struggled to make ends meet, various stakeholders in F1, including Bernie Ecclestone and Christian Horner, has called for a change in regulations.

The major expense for all the F1 teams in 2014 was the development of the new V6 turbo power units, but Taffin disagrees with suggestions that the cost of the engines will remain as high.

In fact, he believes it is a certainty that the price of development of the power units will drop over time.

“That’s what is going to happen, it’s inevitable,” Taffin told crash.net.

“The regulations are made for this. I think the criticism is not about the regulations over the next six or seven years, it’s the current cost.

“Everyone is looking at a window which is not the right size, so this regulation has been set for that long and we are looking at the first year which is obviously the most expensive year.”