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Yes, Newey should be knighted or have some sort of an award for his services to f1 and Indy.
It will be interesting to see if some teams will go back to a simular double diffuser design which Brawn gp used to their advantage in 2009 now that they can no longer throw a load of exhaust gases through the diffuser when lifting of the pedal. 2012 will be valve retard free.