F1 manufacturers agree to cut engine costs

By Alan Baldwin LONDON (Reuters) - Formula One's four manufacturers have agreed a deal to reduce the cost of engines and ensure that no team is left without a supply, sources at the governing FIA said on Tuesday after meetings in Geneva. In exchange, the manufacturers were assured that the current V6 turbo hybrid power unit regulations would remain stable until at least 2020, staving off the threat of an alternative independent supplier being introduced. The sport's core Strategy Group, which in