Highlights

FIA dismisses offer of engine fund

(Reuters)
Updated: 2006-07-17 08:19

"The result of all this is that the rules will stay as published and agreed," said the FIA. "As always, all agreements, including the Concorde Agreement, will be adhered to and enforced.

"The positive aspect is that all the manufacturers involved can now concentrate on important and relevant future technologies in Formula One which they have been invited to discuss with the FIA," it continued.

"This means that they can stop wasting vast sums of money trying to make the existing engines even faster than they are already."