Cosworth upbeat about F1 future despite losing Williams

Cosworth believes its future in Formula 1 is more secure now than it has been for several months, despite Williams opting to switch to Renault engines for next year

Cosworth upbeat about F1 future despite losing Williams

The Northampton-based engine builder says the current deals it has in place for next year, further opportunities for new customers in 2013 and a Resource Restriction Agreement (RRA) on engine development for 2014 have left it very optimistic about its future in the sport.

"At Monaco time there was a lot of uncertainty over the inline-four, and we needed a powerful lobby to push for it to be delayed or cancelled," Cosworth's general manager Mark Gallagher told AUTOSPORT.

"We were very nervous that, if the pendulum swung to the inline-four definitely happening, we were very concerned about it, because there was no RRA built around it and we could see a space race happening.

"Among our teams, Hispania, Virgin and Williams, there was no apparent appetite to commit to the inline-four, certainly with Cosworth.

"So when you don't have guaranteed customers and when you don't have stability on the cost control; it was a nervous time for us as an independent manufacturer. But now the landscape has changed and it is a very good thing."

Gallagher says that Cosworth's business plan in F1 still makes perfect sense with just Virgin Racing and HRT for next season, and that further added customers in the future will only be a bonus.

"We have Marussia Virgin Racing and Hispania for next season, which is the last year of their three-year contracts," he said. "With the V8s being extended for another year our intention is to extend agreement and also seek new agreements for 2013, so the delay in the introduction of the new engines is beneficial from that point of view.

"Since 1963, Cosworth has had 67 teams that is has supplied engines to, so we are well used to teams coming and going. The business model for the current involvement in F1 was for three new teams - for Campos, US F1 and Virgin Manor.

"When Tim Routsis put those deals together each of them was structured in a way that they would be profitable in their own right, and with a full acknowledgement that whatever the best endeavours of the new teams, the likelihood of them all surviving was probably debatable.

"So having four teams last year, three teams this year and two teams next year, actually overall the three year plan is fine."

Gallagher also hinted that some of the resources Cosworth put in place to operate across three teams this year could be focused on boosting efforts with its two partner teams in 2012.

"The fact that we have two teams next year will not affect our capacity to support those team or our profitability.

"Actually in some ways it may enable us to take the resources applied across three teams and apply it to two teams, which is important at a time when McLaren Applied Technologies will be bringing a new dimension to the Marussia Virgin Programme with Pat Symonds as well. We are already seeing an escalation in the demands from there."

Read more about the next stage of Formula 1's engine debate here.

shares
comments
Mercedes hopeful of more progress thanks to diffuser upgrades

Previous article

Mercedes hopeful of more progress thanks to diffuser upgrades

Next article

Germany preview quotes: Sauber

Germany preview quotes: Sauber
Load comments
Remembering Switzerland’s first F1 winner Plus

Remembering Switzerland’s first F1 winner

Stepping up to F1 in 1962, Jo Siffert shone with Rob Walker Racing Team and BRM before his career was abruptly ended in a fatal crash at Brands Hatch in 1971. Kevin Turner looked back at the life of Switzerland's first F1 winner on the 50th anniversary of his death

What Verstappen is risking with his current stance on 2021 F1 world title defeat Plus

What Verstappen is risking with his current stance on 2021 F1 world title defeat

OPINION: Max Verstappen is back in the lead of the 2021 Formula 1 drivers’ championship, with the season’s final flyaway events set to get underway in the USA this weekend. But a defensive stance he’s recently adopted could have a lasting impact for the Red Bull driver when it comes to his chances of defeating Lewis Hamilton and Mercedes

The hidden Ferrari struggle that Sainz’s recent charge put to rest Plus

The hidden Ferrari struggle that Sainz’s recent charge put to rest

Despite appearing to adjust to life as a Ferrari driver with relative ease, it was far from straightforward under the surface for Carlos Sainz Jr. But, having made breakthroughs in rather different routes at the Russian and Turkish races, he’s now targeting even greater feats for the rest of the Formula 1 season

Formula 1
Oct 20, 2021
The final throes of Brazil's fleetingly successful F1 team Plus

The final throes of Brazil's fleetingly successful F1 team

Emerson Fittipaldi is better remembered for his Formula 1 world championships and Indianapolis 500 successes than for the spell running his eponymous F1 team. Despite a hugely talented roll call of staff, it was a period of internal strife, limited funding and few results - as remembered by Autosport's technical consultant

Formula 1
Oct 18, 2021
Why McLaren's expanding agenda will benefit its F1 resurgence Plus

Why McLaren's expanding agenda will benefit its F1 resurgence

In the 1960s and 1970s, McLaren juggled works entries in F1, sportscars and the Indy 500 while building cars for F3 and F2. Now it’s returning to its roots, expanding 
into IndyCars and Extreme E while continuing its F1 renaissance. There’s talk of Formula E and WEC entries too. But is this all too much, too soon? STUART CODLING talks to the man in charge

Formula 1
Oct 17, 2021
How Tsunoda plans to achieve his F1 potential Plus

How Tsunoda plans to achieve his F1 potential

Yuki Tsunoda arrived in grand prix racing amid a whirlwind of hype, which only increased after his first race impressed the biggest wigs in Formula 1. His road since has been rocky and crash-filled, and OLEG KARPOV asks why Red Bull maintains faith in a driver who admits he isn’t really that big a fan of F1?

Formula 1
Oct 15, 2021
The danger of reading too much into F1's clickbait radio messages Plus

The danger of reading too much into F1's clickbait radio messages

OPINION: After Lewis Hamilton responded to reports labelling him 'furious' with Mercedes following his heated exchanges over team radio during the Russian Grand Prix, it provided a snapshot on how Formula 1 broadcasting radio snippets can both illuminate and misrepresent the true situation

Formula 1
Oct 14, 2021
Why F1’s approach to pole winners with grid penalties undermines drivers Plus

Why F1’s approach to pole winners with grid penalties undermines drivers

OPINION: Valtteri Bottas is credited with pole position for the 2021 Turkish Grand Prix, despite being beaten in qualifying. This is another example of Formula 1 and the FIA scoring an own goal by forgetting what makes motorsport magic, with the Istanbul race winner also a victim of this in the championship’s recent history

Formula 1
Oct 13, 2021