SHARJAH – Wednesday, December 08, 2010 -

At a press conference staged at the Corniche Al Buheira hotel, Nicolo di San Germano, promoter of the UIM World F1 Series together with John Caudwell and Mike Beachy Head of Caudwell Marine unveiled a unique new engine/drive package that could revolutionize Formula One.

With the world of motor sports becoming increasingly under pressure to seek out greener, more energy efficient options to protect the environment, Di San Germano has, for the last two years looked at several propositions but all have been discarded on the grounds of economics. However when Caudwell Marine approached the F1 promoter with a package that ticked all the right boxes, Di San Germano proposed a joint venture that, if successful could transform F1.