RPT-Motor racing-F1 governing body targets carmakers in 2008

Newswire

(repeats story for equities clients) By Alan Baldwin LONDON, Dec 21 (Reuters) - Formula One's governing body has published rules for 2008 to tackle what it sees as the "financial profligacy" of manufacturers determined to win whatever the cost. Measures include allowing teams to sell parts or even complete cars to each other, a single tyre supplier and engines made to last for three races. The International Automobile Federation (FIA) said the aim was to redcue significantly the cost ...

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