F1 engine maker Cosworth up for sale

F1 engine maker Cosworth up for sale

Image: Cosworth Engine Cover Logo

Having lost its best F1 customers Williams and Caterham, in recent months it has been discussed as an open secret in the grand prix paddocks that the independent British engine supplier will not be on the grid in 2014 with a new turbo V6 power unit.

Cosworth, however – still supplying V8s to backmarkers Marussia and HRT – insists it has a plan to stay in F1 beyond the current rules, even though rumours persist that it is not up to speed with the kind of progress made by its 2014 rivals Ferrari, Renault and Mercedes.

British newspaper The Times now reports that Cosworth, currently owned by well-known US motor racing names Gerry Forsythe and Kevin Kalkhoven, has instructed UBS to find a new buyer.

Tags: , , , ,

Engines, News, Racing

, , , ,