Red Bull Racing team principal Christian Horner says that Formula 1 risks sticking with its current engine regulations if the teams cannot come to an agreement over changes that should be made.
The FIA has been pushing to revise the engine regulations for coming years in a bid to reduce costs, improve the sound, and address supply concerns and performance disparity.
However, with some kind of agreement between the teams required to push through any change, Horner revealed that the proposed aims are still far from being achieved with a deadline of April 30 fast approaching.
“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 said.
“Those four criteria were: a significant reduction in cost to €12 million, the availability of supply or the guarantee of supply, power convergence to within a relatively small bandwidth and to address the noise.
“As we sit here now we are not anywhere near having met any of those criteria and I think unfortunately what will happen, as is often the case with these things, time will run out at the end of the month and nothing will be achieved and nothing will change.
“There is one more attempt in the Strategy meeting and the Commission meeting at the end of the month to discuss and table the concerns and where we’re at, but failing that regulations will inevitably stay as they are.”
Mercedes team boss Toto Wolff also explained the complexity of negotiations, but said that efforts would be made to ensure that some kind of agreement is struck.
“We have been given the task in coming up with solutions so that no team is left without an engine,” Wolff said.
“I think all the engine manufacturers have acknowledged that, so we try to cover that. There is an aspect of price reduction, which is important to most of the teams, and we tried to cover that in the framework agreement.
“Obviously it’s very difficult to make everybody happy. Christian isn’t so happy. But I think we need to come up with a solution until the end of April.
“We need to ratify those regulations and at the moment everybody is working very hard to at least find the smallest common denominator.”