Cosworth, the world's leading performance technology specialist, has agreed relationships with 3 teams whose entries to the 2010 Formula One World Championship have been accepted by the FIA. An identical package comprising high-performance Cosworth engine and technical support will be provided for Campos Grand Prix, Manor Grand Prix and Team US F1 for a period of 3 years.

The deal to supply a high performance solution that represents exceptional value for money is in alignment with Cosworth's business strategy, which aims to deliver advanced technologies to customers that lead the way in the global aerospace, defence, marine, automotive and energy generation markets. The Cosworth engine will be supplied to conform to the FIA regulations mandated for the 2010 F1 season, which seek to deliver a sound basis for the continuation of Formula 1 in a sustainable manner.

Tim Routsis, Chief Executive Officer, Cosworth: "I am pleased that Cosworth's exceptional mix of capabilities has enabled us to provide a solution for Formula One that sits so neatly with our existing operations in the aerospace and defence sectors. Cosworth is proud not only to be able to provide a solution that will deliver the performance needed by these teams to compete in this most technologically challenging sport, but also to extend its long association with Formula One as a truly independent provider of competitive motive power."

"The engineering expertise we have accumulated over four decades in the sport has enabled us to broaden our reach into many different high-technology sectors. Today our engineering capabilities extend beyond racing, encompassing high-technology applications in the aerospace, defence, energy, marine and automotive industries. Cosworth has the necessary infrastructure to fulfil the supply of Formula One engines without affecting our other activities."

Cosworth's tradition of success in Formula One began when its DFV engine won first time out in 1967. It was the first F1 engine to be designed to function as a fully stressed element of the chassis, enabling the sport's most innovative engineers to repackage their cars and find considerable performance improvements; this philosophy was swiftly copied and remains at the core of F1 design. The CA2006 Cosworth Formula One engine was raced by the WilliamsF1 team throughout the 2006 season. It was competitive from the outset and achieved a Formula One landmark of 20,000RPM during qualifying for its race debut at the 2006 Bahrain GP. The CA2006 Series 6 was capable of completing more than a third of a race distance at 20,000RPM – a record unequalled to this day.