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FIA’s Alternate Formula 1 Engine Proposal Shows Lack of Foresight

In its latest knee-jerk reaction, Formula One's governing body, the FIA, is seeking to reintroduce non-hybrid engines to the sport in 2017. Of course, it has not even been two years since F1 adopted ultra-efficient (but very expensive) V6 hybrid engines. Since the beginning of the 2014 season, several teams, including Caterham, Marussia and Lotus, have found themselves in dire financial straits. This financial crisis was spurred, at least in part, by the high costs of the new engines, which longtime F1 journalist Joe Saward pegged at $26 million to $40 million per season, depending on the engine manufacturer. The FIA recently tried to introduce an engine cost cap, but it was vetoed by Ferrari, so its solution, apparently, is to move backwar...

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