“I think we are not far, even very close” were the words of Fabrice Lom, FIA technical head of powertrains, when asked if they were going to hit the original target of 12 million Euro’s per unit as reported by Motorsport.com today.
A saving of 4 million Euro’s each by 2018 should be considered “not negligible” and is hoped that this cost saving will filter down to the smaller teams.
Another cost saving measure is the move to limit the number of PU’s down to just 3 units per season, and naturally the teams should be rather concerned about reliability issues with subsequent penalties, probably not too dissimilar to Honda in 2015.
Further restrictions include only half the number of power stores (batteries to you and me), control electronics and MGU-K allowed per year, totalling just 2 a piece.
As to how easy it is for the manufacturers to develop an engine with the required level of reliability to last the season and remain powerful enough to compete will surely ensure the 12 million target is a tough ask. Only time will tell.