News Details

Renault to work on reducing engine costs

Renault are committed to Formula One and will work to reduce the cost of their new engine after its introduction next year, the company's chief executive Carlos Ghosn has assured Bernie Ecclestone. Speaking at the Monaco Grand Prix after Renault announced a deal to supply its 2014 engine to Red Bull-owned Toro Rosso, currently with Ferrari, Ghosn said he was aware of F1 supremo Ecclestone's cost fears. The current V8 engine costs around nine million euros ($11.64 million) whereas the new 1.6 litre V6 turbocharged unit with energy recovery systems will see the price more than double. "There is some concern about the cost of the engine, I understand it, but our commitment is to work to...
Full Story »
12y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Ecclestone mention of BMW possible return denied by...

May 20th, 2013 (F1plus).- BMW has hit back at Bernie Ecclestone's claim...
12y ago from F1Plus.com

Webber unsure over Red Bull future according to...

Mark Webber's future at Red Bull is clouded, according to F1 chief...
12y ago from GrandPrix.com

Webber future unsure with Red Bull claims Ecclestone

24 May, 2013 Mark Webber with Bernie Ecclestone Mark Webber's future at...
12y ago from YallaF1.com

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...

Popular On IndyCarToday.com

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal go six points clear as Saka and Gyokeres...

Arsenal moved six points clear of Manchester City and boosted their goal...
33m ago from SkySports.com

Saka and Gyokeres star as Arsenal extend gap at top

FREE TO WATCH: Highlights from the Premier League match between Arsenal...
22m ago from SkySports.com

Pundit says Arsenal star produced his ‘best ever’...

Arsenal forward Viktor Gyokeres has produced what has been his finest...
1h ago from CaughtOffside.com

“Arteta is the problem”, “Feel for the dude” -...

Arsenal fans have hit out at manager Mikel Arteta for his decision to name...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.