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@Shakey ... I in full, 100% agrrement with every single word of your post.
We were told that limiting the revs was to increase engine life, and save money! ... but then told that developing KERS / DRS / DDRS etc would cost $30m (conservatively) and thats almost three years (at the current V8 charge structure) engine supply for a mid based team ...
I'm with you Shakey, scrap engine homologation, scrap rev limits of a paltry 18k RPM, go back to 04/05 rubber compounds and lets get the "R" back in RACING! ... plus, 2007 aero levels and designs, big wings and refueling!, OK, maybe not!