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Four Teams Sign Up for Cosworth Engines

British automotive engineering company Cosworth was reportedly paid the deposit to start working on an engine to power at least 8 Formula One cars in 2010. According to a report from German magazine Auto Motor und Sport, it seems that 4 teams have already transferred around 2.5 million euros into the Cosworth account in order to secure a low-cost power plant for the next season.

USF1 was the first team to publicly admit that the Cosworth option was top of the list for a 2010 engine deal. While submitting the outfit's application for the 2010 F1 entry list, team's co-owner Peter Windsor acknowledged the necessity of signing an engine partner as soon as possible, but is yet to officially announce a partnership with the British manufacturer.

The Cosworth alternative for an F1 engine was found by FIA president Max Mosley at the end of last year, as he revealed the prices for the power plants will be reduced if the number of teams requesting it will be higher. Considering the fact that all new entries will be depending on a confirmation from the FIA (Mosley) for their F1 applications, it is believed they'll all opt for the Cosworth power train (as the XT transmission is to be included in the engine deal also).

According to the aforementioned report, is seems Campos Racing have also made the necessary arrangements for securing a Cosworth power plant, as the Spanish outfit was the first one to submit their application for a 2010 F1 entry last week. Just like in USF1's case, however, no official statement was released by Adrian Campos' team.

According to a statement from December 2008 released by Mosey, the prices of the Cosworth deal are as followed: “an up-front payment of £1.68M (€1.97M) and then £5.49M (€6.42M) per season for each of the three years of the supply contract (2010, 2011, 2012). This price is based on four teams signing up and includes full technical support at all races and official tests, plus 30,000 km of testing. The annual cost will reduce if more teams take up the option, for example to £4.99M (€5.84M) per team with eight teams. It will further reduce if less than 30,000 km of testing is required. Neither engine nor transmission will be badged.”

The prices are, however, expected to have been further reduced in the last few months.
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