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Formula 1 engine manufacturers agree to lower Power Unit costs
Formula 1 manufacturers have agreed to supply power units to customer teams at a lower price. F1's four engine manufacturers, Mercedes, Ferrari, Renault and Honda have all agreed to reduce the price of a 1.6-litre V6 turbo-charged hybrid system to 12million per season to a customer team. This agreement will help ease the cost burden on smaller teams, paying around 20-25million per year for their engine supply. The new regulations will come into force ahead of the 2018 season and will remain in place for at least 3 seasons, provisionally set to end in 2020, providing the final hurdle of having the agreement finalised between Formula 1 teams and the World Motor Sport Council in March....
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10y ago from TheCheckeredFlag.co.uk
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