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GP Commission discusses Moto3™ cost-cutting

GP Commission discusses Moto3™ cost-cutting

Following a meeting of the Grand Prix Commission in Madrid on 10th December, it has been explained that maximum prices for engines, chassis and additional components are set to be applied for 2015 onwards.

During the meeting, one of the goals was to maintain the Moto3™ philosophy of consistent parameters for costs in a category designed to promote the talents of up and coming riders competing on a level playing field.

The meeting featured representatives of Honda, KTM and Mahindra - the three manufacturers of the Moto3™ class - in order to share opinions and reach conclusions together.

“The manufacturers have agreed economic and technical terms, all in-line with lower costs,” explained Carmelo Ezpeleta, CEO of Dorna Sports. “The rules for 2014 are already in place, so we are talking about the rules for 2015. There will be a series of maximum prices for both chassis and engine parts and a series of commercial rules so that, in the summer of 2014 and looking ahead to 2015, each team will have the right to decide with which [chassis] manufacturer they will collaborate for the following season (with a list of prices for components already available).”

The set prices already agreed will be €85,000 for chassis (including an annual evolution) and €60,000 per rider per year in terms of engines (not including gearbox).

“We need a cheaper category for young riders and new equipment,” added Ignacio Verneda, the FIM Executive Director for Sport. “We also need to have a clear system for the national championships, which are the basis we have in place for progressing to the World Championship.”

In the eyes of Herve Poncharal, President of IRTA, Tuesday’s presence of manufacturer representatives will help to agree on a model for coming years.

“I believe all of the managers of the teams in the category will be very pleased with the way in which Moto3™ is moving on,” Poncharal began. “What everybody wants is for grids are full and races are extremely competitive – almost any rider has a chance to win. In the case of Moto3™, I think the next two to three seasons will be even more exciting and will allow the teams to look further into the future with confidence.”

During the general meeting of the Grand Prix Commission, several other points were also agreed on, one being that penalty points will now be applied with a duration of one year; this means, for instance, that a rider receiving a penalty point during the 2014 season would see this remaining on his racing licence for 365 days.

Further tweaks to the regulations were also made to points relating to restarting interrupted races, protest procedures and wild card policy.

For the full FIM Press Release regarding the Grand Prix Commission meeting, click here.

MotoGP, 2014

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