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Ecclestone warns about 2014 engine costs

Formula One has taken a big gamble with its radically different 2014 engine and manufacturers who get it wrong will pay a heavy price, commercial supremo Bernie Ecclestone warned on Thursday. The 82-year-old billionaire has been a consistent opponent of the new 1.6 litre turbocharged V6 engine which is due to replace the current 2.4 litre V8 unit in the biggest rules revamp in decades. Ferrari, Mercedes and Renault have all committed huge sums to developing the units, with energy recovery systems and greater fuel efficiency, which will also cost the teams considerably more than at present. "The danger is if one of those three get it wrong, whoever they are, it's going to cost a...
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