NTT IndyCar Series owner Roger Penske says the quest to sign a new engine partner is focused on Ferrari, and Ferrari alone, as talks continue with Scuderia Ferrari team principal Mattia Binotto to have the manufacturer join the series when its 2.4-liter twin-turbo hybrid V6 engine formula arrives in 2022“Our...

Verizon IndyCar Series CEO Mark Miles is cautiously optimistic a third auto manufacturer is getting closer to joining Chevy and Honda as an official engine supplier. IndyCar's most recent engine formula made its debut in 2012 with Chevy, Honda and Lotus building purebred 2.2-liter turbocharged V6s, and with the departure...

Formula 1 chiefs have failed to reach an agreement on the 2017 engine regulations following meetings on Tuesday at London's Biggin Hill, Autosport has learned.The Strategy Group and F1 Commission convened to discuss the rules in a bid to get a solution ahead of Saturday's deadline to have plans for...

FIA president Jean Todt will meet with Formula 1's engine manufacturers over two days next week, expecting "positive steps" to have been taken in addressing power unit concerns.Toward the end of November, following separate meetings of the Strategy Group and F1 Commission in Paris, all concerned agreed to look at...

Mercedes motorsport chief Toto Wolff says FIA president Jean Todt's request to reduce Formula 1 engine supply prices would have a massive impact on the manufacturer's business model.Customer teams are paying between $21-$26 million for powertrains, with Renault understood to be the most expensive.Wolff said the matter not as simple...