News Details

Engine costs have doubled

Though some still claim it is the sound of the new F1 formula that has turned fans (and sponsors) off, a familiar high pitched scream can still be heard in some areas of the paddock… the offices of team finance directors. Though enjoying something of a renaissance, certainly compared to where it was a couple of years back, Williams owes much of its recent success to the inspired move to Mercedes power units. However, the move came at a price. 'Costs went up by about £20m and the reasons for that were three-fold,' Williams finance director, Alan Kinch, told the Independent. 'The first one and the most significant one of all of them was the increase in costs in the power unit....
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Costs doubled since moving from V8 to V6 – Williams...

Alan Kinch – Williams F1 Chief Financial Officer The engine costs...
10y ago from ThisIsF1.com

'Costs doubled after V6 engine move'

Williams finance director Alan Kinch has revealed that Formula 1 costs...
10y ago from PlanetF1.com

Cosworth linked with dual engine F1 solution

Cosworth has entered the frame for a return to Formula 1 if the sport's...
10y ago from Motorsport.com

The death of independents moves a step closer

The FIA announced details from Thursday's F1 Strategy Group meeting in a...
10y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Aprilia releases first statement regarding Jorge...

Aprilia has issued its first official statement on Jorge Martin amid...

Popular On IndyCarToday.com

Team Penske IndyCar leadership fired over Indy 500...

Team Penske announced on Wednesday morning that it has released three...
23h ago from MotorsportWeek.c...

Theo Pourchaire partners with Simon Pagenaud to...

Theo Pourchaire has begun working with Simon Pagenaud to help the young...

Popular On TotalWRC.com

Popular On GunnersToday.com

Rodrygo to Arsenal transfer given seal of approval as...

Arsenal should have no qualms about paying £20m or £30m over the odds to...
53m ago from SportsMole.co.uk

Arsenal transfer news: Mikel Arteta confirms Gunners...

Arsenal head coach Mikel Arteta responds to speculation linking the...
2h ago from SportsMole.co.uk

Offer prepared: Arsenal ready to meet club's demands...

Arsenal are reportedly preparing what they feel should be a suitable offer...
1h ago from CaughtOffside.com

Report: Tottenham ready to beat Arsenal to £60m...

Tottenham are reportedly eyeing up some ambitious transfer targets...
2h ago from CaughtOffside.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.