BBC Reports Agreement Reached On Engine Costs and Supplies To Other F1 Teams

Mike WilkinsCorrespondent IOctober 21, 2008

According to the BBC, it has just been announced that an agreement has been reached between the FIA and certain teams, who wish to remain anonymous,  to make it cheaper for independent teams to buy engines. 
The supposed agreement is that the cost of engine supply will be capped at $13.2 million a year and that the engines will be run for three race weekends instead of the current two weekends. 
Max Mosley and Luca Di Montezemolo have said that the agreement would produce, "Significant cost savings for 2009 and 2010."
So, I guess we can read that Ferrari will be one of the "anonymous" teams involved, and I would think that Mercedes and possibly Honda (?) would be the others. 
There is also talk of changes to testing for 2009 and a further look into car design going forward. 
Hopefully, this is the beginning of F1 looking to the future in trying to keep the sport safe and thriving despite the so called "Credit-Crunch" in the world economy, and will herald the return of the privateer teams to the Formula One fold.

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