Crown Prince announces medium-term debt strategy to diversify funding sources "A resilient economy capable of overcoming challenges reflects progress towards achieving Vision 2030 goals"    OPEC+ tripartite meeting keen on maintaining global oil market stability    'No excuses' for Israel to not accept ceasefire deal, EU foreign policy chief says    Riyadh Season draws 8 million visitors in 6 weeks    Alkhorayef highlights role of National Initiative for Global Supply Chains in boosting Saudi economy    Saudi Arabia signs investment deals worth SR35bn with foreign firms to strengthen global supply chains    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Saudi FM attends Quadripartite meeting on Sudan in Italy    Georgia's new parliament opens first session amid mass protests and boycott    Gangsters block aid distribution in south Gaza    Russian deserter reveals war secrets of guarding nuclear base    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Saud Abdulhamid makes history as first Saudi player in Serie A    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Teams agree engine switch delay
Published in The Saudi Gazette on 01 - 07 - 2011

PARIS: Formula One teams agreed Wednesday to delay the introduction of new environmentally friendly engines by a year until 2014 a measure that has been greeted with alarm by the sport's supremo Bernie Ecclestone and the organizers of many of the Grands Prix.
However, in a move to quell Ecclestone's and the race organizers fears that such a measure will see a drop in attendance figures the maximum rev limit of the engines will be increased to 15,000 from 12,000.
The decision to switch from four-cylinder 1.6-liter engines introduced in 2013 to V6s of the same size a year later was made by F1 bosses last week and following a fax vote the switch was ratified by the World Motor Sport Council Wednesday. “The new power plant will be a V6 1.6 turbo unit with energy recovery systems,” read the World Motor Sport Council statement.
“This new formula will come into effect as from the start of the 2014 FIA Formula One World Championship season.”
Ecclestone was against the switch to the new engines from the current 2.4-litre normally aspirated V8s, as he said there would be a lot less noise and as a result be less exciting to watch.
The organizers worries were that the change could result in a drop in attendance figures, which is their only source of income.
Williams make more
technical appointments
Williams announced two more key technical appointments Tuesday with Jason Somerville returning to the team as head of aerodynamics and ex-McLaren man Mark Gillan arriving as chief operations engineer.
Former champions Williams, without a Formula One win since 2004 and struggling in the standings this season with just four points from eight races, have embarked on a major technical overhaul.
Mike Coughlan, who left McLaren after being embroiled in a 2007 spying controversy, has already started work as chief engineer while current technical director Sam Michael is leaving at the end of the season. Williams said Somerville would start on Aug. 15 with Gillan on board from Oct. 1.
Somerville first joined Williams in 1997 working on the Le Mans sportscar program before moving over to Formula One operations in 1999 as joint-head of the aerodynamics department.
He subsequently moved to Toyota in 2003 and then, when the Japanese team quit the sport at the end of 2009, to Renault F1.
Gillan also worked for Toyota, after stints at McLaren and Jaguar, and most recently was professor of vehicle engineering at the University of Surrey while also acting as an F1 consultant.
“We now feel that, together with Mike Coughlan, Jason and Mark can form the right technical leadership to take the team forward as we work our way back to the front of the grid,” said team principal and founder Frank Williams.


Clic here to read the story from its source.