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Ford says Formula 1 costs still a turn-off

American car giant Ford says that Formula 1's huge costs are the main factor in it showing no interest in making a return to the category in the near future. The arrival of Liberty Media as F1's new owners has prompted hopes of a brighter future for grand prix racing – and a more popular sport could help attract more manufacturers over the next few years. Furthermore, the FIA is hoping that those car makers not currently involved in F1 can have a part to play in discussions being planned over the next few months to frame engine rules for post-2020. Under an agreement between motor racing's governing body and the manufacturers currently involved – Mercedes, Renault, Ferrari and Honda...
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