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Renault to work on reducing engine costs
Renault are committed to Formula One and will work to reduce the cost of their new engine after its introduction next year, the company's chief executive Carlos Ghosn has assured Bernie Ecclestone. Speaking at the Monaco Grand Prix after Renault announced a deal to supply its 2014 engine to Red Bull-owned Toro Rosso, currently with Ferrari, Ghosn said he was aware of F1 supremo Ecclestone's cost fears. The current V8 engine costs around nine million euros ($11.64 million) whereas the new 1.6 litre V6 turbocharged unit with energy recovery systems will see the price more than double. "There is some concern about the cost of the engine, I understand it, but our commitment is to work to...
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12y ago from SuperSport.com
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