http://www.evworld.com/view.cfm?sect...e&storyid=1046

"The President of the FIA, Max Moseley, gave a stark warning to the auto makers (BMW, DaimlerChrysler, Fiat, Honda, Renault/Nissan, Toyota, etc) who control most of the Formula One teams. He claimed that they were spending hundreds of millions of dollars every year just trying to get a few more rpm out of their racing engines. This was unsustainable, and wasted superb engineering resources on an ultimately futile objective. Formula One should be the proving ground for advanced automotive technology, but it has fallen behind in areas such as fuel consumption. In the mid-90s at least two teams experimented with hybrid systems, but the FIA stopped them because it was concerned about safety. Since then, battery-based hybrid drives have been successfully launched in road cars. The FIA has now decided to allow (petrol-only) hybrids from the beginning of 2009, subject to final approval at the end of this year."

This is definitely going to make F1 interesting again...