Standard engines for Formula One by 2010
This is great news! Just found out that Bernie Ecclestone, the Formula One Supremo is calling for the sport to impliment drastic cost cutting measure. In this case, he wants all Formula One teams to use a homologated engine by the year 2010. This course of action is largely being neccesitated by the fact that Formula One has become such an expensive sport and at current rates, its possible that two teams may exit within the next year. Another major factor in this call is that the melting financial markets in the US and Europe mean that major Formula One sponsors will have to cut back on their spending significantly. Ecclestone’s proposal would see each team still building their own engine, however, it would be done to a standard design while team’s without manufacturers would have theirs built by an independent contractor. This sort of plan could create the most amazing propsect of more teams joining the Formula One game. A crazy idea that floats into my mind is what if top African brands could sponsor an African Formula One team just like Force India have done for India? Now that would be one fantastic possibility don’t you think? Infact, I’d say its very realistic and definately worth taking seriously.