[komodo]

http://news.bbc.co.uk/sport2/hi/moto...ne/4831706.stm

F1 puts engine technology on hold

Formula One's ruling body, the FIA, has decided to introduce a three-year freeze on engine technology from 2008.

FIA president Max Mosley proposed the radical idea to cut costs, with top teams spending more than £200m a year.
Teams have also been told they have eight days, starting from Thursday, to sign up for the 2008 championship or risk losing their place.
The move increases the pressure on the five road-car makers in F1 who are threatening to set up a rival series.
Renault, BMW, Honda, Mercedes-Benz and Toyota say they will break away if they are not granted more say in the running of the sport, a greater share of its revenues, and more transparency in its governance.
Discussions on technical regulations for 2008 will start after the entry deadline closes on 31 March and will be open only to those teams who have signed up.

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