FIA Wants To End Ferrari's Veto-Right

FIA-president Jean Todt has said that he's actively looking for Ferrari's current veto-right to end, as it is out of place in the modern sport.

"Times have changed," Todt explained at the FIA's media briefing earlier this week in London. "Personally, I'm not in favour of it."

"The veto was installed back when Enzo Ferrari himself was still running things. Ferrari were the only team at the time that provided their own chassis and engine as the rest were all powered by Ford, and they felt like they needed some protection. That's the story behind the veto."

Ferrari haven't used their right to block a change in the rules since 2015, but have threatened to use it for the new technical 2021 plans, which the team have openly complained about often. They've even gone as far as considering to leave the Formula One, which is something Todt has no control over.

"They might leave," the Frenchman said. "It is their choice of course."

Even though Todt wants the veto-right to end, he is okay with the fact that Ferrari get a bigger share of the revenue that is split between the teams, as, in words of Todt, "it is also normal that Leonardo DiCaprio gets more money than a TV series actor."