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Richard a happy new year, yes I have seen it/read about it.
The new engine rules being the result of a politically confusing power struggle are getting confusing, this is because the real aim for their existance is not an honest one, aimed at/intended results/numbers are being hidden or distorted/contaminated by greenery/economy/environment and a lot of things that are just not compatible with F1 racing.
Of interest but being kept very low are. The development is estimated by Cosworth at $30million, by boost restriction the engines will produce 600 HP, this HP restriction is where the bulk of the 35% saving in fuel will come from, to match the current engines 750 HP a KERS having an output of 150 HP will be used.