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Cosworth reveals ready to build new F1 V6 engine in 2014

One of the existing engine makers Cosworth reveals ready to continue the F1 sport beyond 2013 F1 season. It confirmed they are build new F1 V6 engine in 2014 with other top makers Ferrari, Mercedes, Renault, and PURE (PURE not confirmed).

The recent reports says PURE Company’s decision to suspend its operations because of financial issues, and uncertainty over Cosworth’s intentions

Cosworth’s general manager of F1 Kim Spearman speaking to Autosport a fresh deal with Marussia for 2013 it clear the famous engine company is pushing to secure its longer-term future in F1 too.

“We are ready to supply engines for 2014,” he said. “Initial discussions have been had with some people, and I think by the end of September we would like to know where we are. But I don’t think we have to have all the t’s crossed and the i’s dotted by then. It can go a little bit longer than that.”

“Regularly we have done clean sheet of paper engines in 10 months,” he said. “It is something we can do and have done time and again over the years. We would like a bit more than that because it is a complicated engine, but there is still a good amount of time left to do one. We are not particularly stressed at the moment about getting it done.”

Autosport reports Cosworth’s group head of marketing Pio Szyjanowicz said that the company would not reveal who it was speaking to about 2014 – but insisted that any deals would have to make commercial sense for both parties.

“I think what we have seen from Craig [Pollock, head of PURE] putting things on hold is that it demonstrates just how difficult the marketplace is,” he said.

“We have said time again that a solution needs to be commercially viable, and it would be remiss of us not to offer something that was commercially viable. The sport owes it to the fans and teams, and everybody involved in our industry, to make sure that they produce something that is sustainable and makes commercial sense.

“We will remain fairly private about our discussions until we have got to the point where we can reveal them to everybody, but commercial confidence is highly regarded in Formula 1. Everyone is trying to understand their options and there are still plenty of them.

“From our point of view we stand ready to provide a competitive engine whatever year that is required.”

“We have one team signed and the other team we are working with and expect an announcement in the next 10 days,” said Spearman. “Hopefully both teams will go forward for next year.”


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