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26 Jun 2014, 02:41 (Ref:3426553) | #26 | |
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26 Jun 2014, 03:56 (Ref:3426580) | #27 | ||
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Happy David Thexton Day, 21st March 2003 “I am not uncertain” - Dollar Bill Stern, Billions “Fear stimulates my imagination” - Don Draper, Mad Men “Everybody Lies” - Dr Gregory House, House “Trust But Verify” - Commissioner Frank Reagan, Blue Bloods |
26 Jun 2014, 09:08 (Ref:3426662) | #28 | ||
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Yes it is. And the price for the complete Mercedes driveline has been no secret. It pretty much has been out in the open even before the season started.
Back in late 2013, Mercedes (apparently) knocked back a request by another team for Mercedes power for 2014 - stating production issues. AMG can only supply four teams ATM. This may change to five teams in 2015. |
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27 Jun 2014, 14:26 (Ref:3427171) | #29 | ||
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Quite happy to go along with this "Mercedes at $26 million. Ker-Ching! Uh-duh…" |
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27 Jun 2014, 15:25 (Ref:3427184) | #30 | ||
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27 Jun 2014, 16:30 (Ref:3427217) | #31 | ||
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It certainly gives you a cause to wonder about why F1 costs so much and how much wastage there is in F1. So a Mercedes engine deal is $26.5 million (15.9 mil pounds) and the others considerably more. When the Cosworth DFV was able to be purchased in 1968 they were 7500 quid a unit ($12500 USD) so the cost a Mercedes power unit for a year for one team could buy you 2120 DFV's at 1968 prices.... That would be enough to supply all 22 entries with a new DFV at every race for 5 years..... and still have enough left over to carry a spare engine for each entry in reserve... F1 wastes money and resources at an incredible rate. It doesn't provide value for money for its paying customers, but nor does it get value for money for it's participants. It simply spends what it has, and then some. |
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27 Jun 2014, 18:19 (Ref:3427249) | #32 | ||
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27 Jun 2014, 18:47 (Ref:3427259) | #33 | ||
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are labour costs, material cost, utilities, etc that much less in Germany then in France?
still seems like a huge disparity among two countries within a common market now for decades. surprised that any manufacturing exists in France at all really. suspect there is a different reason for the cost difference but have nothing to support that at the moment. |
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27 Jun 2014, 18:56 (Ref:3427263) | #34 | ||
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Except most of the Mercedes stuff is made in England. |
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27 Jun 2014, 19:13 (Ref:3427269) | #35 | ||
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27 Jun 2014, 20:14 (Ref:3427278) | #36 | ||
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There are severe differences in labour cost and employee rights even within the common market. For starters France has 35 hours work week, something which as far as I know is unique in Europe.
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27 Jun 2014, 22:47 (Ref:3427302) | #37 | |
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Its also possible that the board of Renault have made it clear that there will be no corporate subsidy for the cost of an engine development programme.In which case the development will have to be funded by the income from supplying engines.
If we examine the history of Renault engines they have achieved quite a few championships and this would suggest that they had the capability to build the best engines.What may currently be lacking is the cadre of engineers who made forced induction work and their current equivalents may take a while to get to the dominant level that Renault used to enjoy. It would be a brave man if anybody suggested that Honda will be far off the pace when they return and am I alone in wishing that somebody would throw enough cash at Cosworth to do their stuff with a current generation power unit? Mercedes cannot be complacent and any of the others could give them a hard time quite soon. |
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27 Jun 2014, 23:41 (Ref:3427309) | #38 | ||
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I'm with you there. The engines are far too complicated and expensive for Cosworth to have a crack at and it's a shame that the engine manufacturers from huge companies with massive budgets can dictate what sort of engine F1 should have.
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28 Jun 2014, 00:05 (Ref:3427321) | #39 | |
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I contend that the engines are quite simple, it is all the bolt on KERS gubbins that up the cost to ridiculous levels.
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28 Jun 2014, 01:22 (Ref:3427341) | #40 | ||
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Yeah, my mistake. When I said complicated I meant the electric Power unit attached to the engine. I think if it was just the KERS system like in the previous years it wouldn't be too much of a problem, but with the amount of harvesting/brake-by-wire/ERS, it's too much for a small company like Cosworth
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28 Jun 2014, 07:40 (Ref:3427395) | #41 | ||
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That said, today's PUs are far more complicated [too complicated] than the DFV. I've read that they have cost upwards of $1BN to develop - something an organization like Cosworth would never have been able to undertake back in the day... even with Ford's support. It's clear that manufacturers are attempting to recoup some of that development cost via the engine programme charges. I still believe there was no need for all this rubbish however. It's exacerbated the cost control problem, confused fans and has brought nothing [that hadn't been done elsewhere before] to the R+D table. Maybe they should have gone to Cosworth and Ilmor and had them tender for a common spec. engine. |
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28 Jun 2014, 10:50 (Ref:3427423) | #42 | |
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Ilmor? I thought they were now owned by MB and thats where all those GP winning power units now come from. a
If you are going to develop any new technology it will usually cost a lot of money but the benefits come later as costs are reduced and the technology maturers. That is unless somebody has an 'Eureka' moment and dreams up a new idea that is able to knock everything else into the dark ages at one go. Developing new technology is what F1 should be about. From that point of view the new power units are heading in the right direction. However I think the LMP rules allow much greater freedom and might allow sportscars be the place to develop new technology not F1. |
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28 Jun 2014, 11:10 (Ref:3427429) | #43 | ||
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28 Jun 2014, 11:18 (Ref:3427434) | #44 | |
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At that rate F1 could just be GP2, WSR or Indycar or any one of a number of other single seater spec series.
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28 Jun 2014, 11:32 (Ref:3427436) | #45 | |
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28 Jun 2014, 11:35 (Ref:3427439) | #46 | ||
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Wouldn't Gene Haas be a likely candidate? A new team with no engine seems likelier than an existing one switching.
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28 Jun 2014, 11:41 (Ref:3427442) | #47 | ||
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Although it is lovely to look back at the late 60s and early 70s with great nostalgia and misty eyes, it was, figuratively, a different world. Yes, in 1967 it may have only cost £7,500 for a Cosworth DFV, but by how much were they subsidised by Fomoco. Don't forget, the DFV was commissioned by them in the first instance, and they paid for the initial start-up costs.
But looking back all dewey-eyed, you forget that teams didn't used to run just one engine per car per race week-end. Each car would probably use 3 different enhines, one for free practice, a screamer for qualifying and the third for the race. And very often, they couldn't even last for the whole race. But I think that you will find that by about 1970, prices had began to harden significantly. I can recall that in the latish 1970 looking to buy a twin-cam, and a half decent one would have cost in excess of £10,000. You certainly couldn't get even a second hand DFV for that price then. |
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28 Jun 2014, 13:58 (Ref:3427476) | #48 | ||
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28 Jun 2014, 16:41 (Ref:3427517) | #49 | ||
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Mike's also pointed out what I think is the biggest difference between the 70's and now, the reliability of the engine. Yes the engines were a lot cheaper back then, but not only were the engines really unreliable, they were also rebuilt after every race meaning that they practically used a new engine every single time. If we did this now the material cost would be astronomical, and that's not bringing in labour costs/ time effectively wasted rebuilding the damn thing.
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28 Jun 2014, 17:00 (Ref:3427527) | #50 | ||
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