(© Ben Johnston 2015)
Formula One introduced V6 turbo charged power units ahead of
the 2014 season and just over a year since than Williams Martini Racing Team’s
Financial Director Alan Kinch has revealed that far from reducing the costs of
Formula One the new units has done the complete opposite.
The introduction of the new generation power units was in an
effort to reduce the costs for the teams to compete in Formula One however
Finch has said that part of the reason for the Grove based outfit’s operating
loss of £34.3 million last year was as a result of the new units.
In 2014, Williams Martini Racing switched from Renault to
Mercedes power and speaking to the Independent Finch said that their costs
increased by £20 million as a result of the new power train in the back of the
FW36.
Finch concluded by saying that the teams power unit expenditure
is not expected to change to much year on year as they have a long term
contract in place with Mercedes Benz.
Williams Martini Racing finished the 2014 season in third
place in the Constructors championship and the revenue that they will receive from
Formula One’s commercial rights holder Bernie Ecclestone will offset some of
the losses reported by the Grove based outfit.
© Ben Johnston 2015
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