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EJ BAFFLED BY WILLIAMS ENGINE DEAL
Former team boss Eddie Jordan believes Frank Williams has made a major mistake by opting for a Cosworth customer engine deal for 2006 after parting ways with BMW.
Jordan says manufacturer backing is a prerequisite of success in contemporary Formula 1 and Cosworth will simply lack the financial wherewithal to challenge the might of the big car makers – despite its long experience of building V8 engines.
Speaking in the October edition of F1 Racing magazine, Jordan said: “I don’t understand BMW and I certainly don’t understand Frank.
“Cosworth’s last race win in about ten years must have been with Jordan in Brazil with [Giancarlo] Fisi[chella] in 2003.
“Bear in mind that the new Cosworth people, good as they are, can only build an engine with the cash that Williams pays them, which won’t match a manufacturer’s financial muscle.
“No doubt Cosworth will build a brilliant V8 as it’s their forte but, sadly, bigger budgets will dominate.
“The rule is: the more you spend, the quicker you go. Cash is king and engine costs are huge, which restricts the quality of the drivers, staff – virtually everything.”
Jordan reckons Williams should have tried harder to keep BMW on board, if necessary by selling shares in the team to the German manufacturer.
“The logical move would have been for Frank and [co-owner] Patrick [Head] to sell part of their equity and embrace BMW as a shareholder and sporting partner, instead of allowing Sauber to sneak in and steal BMW from under their noses.
“In the current climate, I’d rather be a 50 percent part of something that’s winning than 100 percent of something that cannot win.”