A couple of thoughts.
Are homologated engines a weight penalty over their pure racing counterparts? Perhaps this is partially a methodology to allow an interested party into the mix???
Add weight to all of the cars, then the Homologated engine has a place.
I am also confused about the engine reliability issue. It really is the other parts, which perhaps may have been slightly compromised by needing to get down to weight. Perhaps an increase in weight will allow for the build of more "sturdy" parts, in addition to addressing the LMP1 vs. LMP2 power to weight issue.
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