Cosworth to return to F1

Cosworth, the world’s leading performance technology specialist, has agreed relationships with 3 teams whose entries to the 2010 Formula One World Championship have been accepted by the FIA. An identical package comprising high-performance Cosworth engine and technical support will be provided for Campos Grand Prix, Manor Grand Prix and Team US F1 for a period of 3 years.

The deal to supply a high performance solution that represents exceptional value for money is in alignment with Cosworth’s business strategy, which aims to deliver advanced technologies to customers that lead the way in the global aerospace, defense, marine, automotive and energy generation markets. The Cosworth engine will be supplied to conform to the FIA regulations mandated for the 2010 F1 season, which seek to deliver a sound basis for the continuation of Formula 1 in a sustainable manner.

Tim Routsis, Chief Executive Officer, Cosworth: “I am pleased that Cosworth's exceptional mix of capabilities has enabled us to provide a solution for Formula One that sits so neatly with our existing operations in the aerospace and defense sectors. Cosworth is proud not only to be able to provide a solution that will deliver the performance needed by these teams to compete in this most technologically challenging sport, but also to extend its long association with Formula One as a truly independent provider of competitive motive power."

“The engineering expertise we have accumulated over four decades in the sport has enabled us to broaden our reach into many different high-technology sectors. Today our engineering capabilities extend beyond racing, encompassing high-technology applications in the aerospace, defense, energy, marine and automotive industries. Cosworth has the necessary infrastructure to fulfill the supply of Formula One engines without affecting our other activities."