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Car manufacturer Ford has ruled out rumoured interest in Formula One, stating that entering the sport is just too expensive. Ford have worked alongside Cosworth to provide engines for cars in the past.
With the current V6 spec engine in place until 2020, Liberty Media is hoping to attract more car manufacturers to frame a plan for the engines beyond 2020.
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Dave Pericak, director of Ford Performance says that Formula One is not currently on their agenda.
"We're not really looking at F1," he said. "I don't see us getting into that any time soon. Formula One is so expensive. If you look at every series we are in right now there is a relevance to all the goals and objectives we have, in developing our tools, technology and people and translating that into road cars. Every series that we're in has an element of that."
Fergal Walsh
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It's a pity Ford are not returning to F1 because an independent engine manufacturer is exactly what F1 needs. Every customer, especially the smaller teams, can be treated equally and not have to rely on hand-me-downs from the previous years cars.