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A solution to the wind tunnel Vs CFD FOTA dilemma?
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As previously reported he Formula One Teams' Association Executive Committee met today at Heathrow in London to discuss cost cutting initiatives. All the members unanimously agreed a number of principles and supported the process now established within FOTA it emerged this evening.
The teams detailed and signed a comprehensive 'Aerodynamic Test Restrictions Agreement' effective this year. Furthermore, the teams agreed that they would develop and freeze low cost transmissions for the 2010-12 seasons which will have a six-race life, priced at €1.5 million per season per team.
FOTA also reaffirmed its commitment to a €5 million engine supply from 2010 for independent teams.
The FOTA Technical Regulations Working Group will now conclude the elimination of 'expensive materials' and identify further opportunities to reduce the cost of components and systems which do not deliver a significant performance differentiation.
The teams present also expressed their support for Honda and agreed to any name change registered by a buyer.
The FOTA statement concluded that all of the teams are committed to working together to reduce the costs and that the same approach will be used to improve the spectacle of the sport, following the outcome of the FOTA-commissioned market research.
E.A. © CAPSIS International