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Fernley says costs threaten some F1 teams

Some Formula One teams face a fight for survival next season when engine costs more than double, Force India deputy principal Bob Fernley said on Saturday. "You shouldn't underestimate the resolve of Formula One teams, they are incredibly resilient and probably will come through," the Briton told Reuters in an interview at the Monaco Grand Prix. "But to add to the level of costs to the teams at this time in an economic cycle, one has to question whether they can all survive." Formula One is introducing a new 1.6 litre V6 turbocharged unit with energy recovery systems in 2014 to replace the existing 2.4 litre V8. Under a now-lapsed Resource Restriction Agreement (RRA)...
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