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Ford rules out Formula 1 entry until costs are reduced

Ford's Motorsport boss, Mark Rushbrook, has ruled out another foray into Formula 1 for the forseeable future for the American car giant, with costs of competing being far too high to consider an entry. Ford last competed in Formula 1 in 2004 as an engine manufacturer with Jaguar Racing before leaving the sport for the 2005 season and selling their Cosworth branch.  Despite the high cost of competing in the premier single seater series, Rushbrook explained to Autocar that F1 is more attractive than other alternatives such as Formula E, due to its use of hybrid power units. “Hybrid power will be relevant for a long time for Ford, especially if it introduces...
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