Horner skeptical of F1 engine breakthrough

Fri Apr 15, 2016 1:12pm EDT
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By Abhishek Takle

SHANGHAI (Reuters) - Formula One is 'nowhere near' an agreement to ensure all teams have access to competitive and cheaper engines from 2018 and time is running out, Red Bull principal Christian Horner warned on Friday.

The governing International Automobile Federation (FIA) has asked the four engine manufacturers to come up with a plan by the end of April to ensure no team was left without power units in future.

"I think it's a complex situation, but fundamentally there were four criteria that were requested by the governing body to be met to ensure stability moving forward," Horner told reporters at the Chinese Grand Prix.

"As we sit here now, we are not anywhere near having met any of those criteria," he added.

"I think unfortunately what will happen, as is often the case with these things, (is that) time will run out at the end of the month and nothing will be achieved, nothing will change."

The FIA and the sport's commercial supremo Bernie Ecclestone have threatened to introduce a cheaper independent engine if manufacturers fail to reach an agreement.

The main criteria were for a power unit supply to cost 12 million euros ($13.56 million) per season, for the supply to be guaranteed, performance gaps to narrow and engines to be louder.

Red Bull struggled to secure an engine for this season after falling out with long-term engine supplier Renault.   Continued...

Formula One - F1 - Mexican Grand Prix 2015 - Autodromo Hermanos Rodriguez, Mexico City - 30/10/15
Christian Horner - Red Bull Racing Team Principle
Mandatory Credit: Action Images / Hoch Zwei