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It will morally not be viable to run V8´s without them running on green fuel. It is the way things are proceeding, and so it should be. Believing anything else is naive.
Racing must conform to the reality the rest of society rests in. So it can only be a good thing, given the state of the enviroment. And as awrb mentions, more and more manufacturers has enviromental connections as a part of their brand.
So in all, everyone wins.
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