Cosworth out of options for F1 in 2007

Spyker's decision to use Ferrari engines has left Cosworth without a Formula One partner after Williams announced they will switch to Toyota units in 2007.

Red Bull also announced a deal with Renault to supply one of its teams while the other will use Ferrari engines.

With Cosworth out of options for next season, Ferguson admitted the company is highly likely to be absent from Formula One.

"No, I think the facts speak for themselves. I don't think we are going to be in Formula One next year," said Fergusson.

"Obviously we have got to go back and look at the options and there are perhaps opportunities with all the legislation on engines that the FIA are putting together, so maybe we could help with the policing of that, but we are a bit numb.

"We haven't had the opportunity to think it through yet. We will do that next week. We will go back and see what we are going to do with the rest of our lives.

"I think maybe even one of the manufacturers who has under-achieved this year might want an homologated engine that is good for next year. Who knows?"

Spyker were in talks with both Ferrari and Cosworth, and Ferguson admitted he expected the team to use their engines in 2007.

"It is very disappointing," he added. "We thought that we had a pretty strong product, a pretty reliable product and pretty good staff, but unfortunately what they wanted was more a relationship with a car manufacturer for road-engine purposes.

"Unfortunately that is not something that we can provide, so we are pretty disappointed. We felt the deal was in the bag actually because a large part of their 2007 car has been designed around our engine."