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FIA to impose engine cost cap to help small teams

FIA president Jean Todt has finally admitted that engine costs in Formula 1 are far too high following the switch from V8 engines to hybrid turbo-V6 power units. The Frenchman has remained relatively quiet on the matter, despite several of the smaller teams expressing great concern that the cost of being an engine customer is far too high. Prior to the switch to the new power units, a team would be expected to pay around £4 million (€5.6m, $6.3m) annually for a years worth of engines, which equated to 16 units plus an additional eight for testing purposes between two cars. Now teams are expected to pay around £15m (€21m, $23m) for just eight race engines and roughly...
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