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Ford has completed their complete (and rather embarassing if
you ask me) withdrawl from Formula One with the sale of it’s racing and automotive electronics sector, the Pi
Group. ChampCar co-owners Gerry Forsythe and Kevin Kalkhoven, who purchased Cosworth Racing in November, acquired
the Pi Group for a reported $10-million. The ChampCar co-owners purchase of the Pi Group, bundled with their
purchase of Cosworth Racing, will give the struggling series added stability in the coming years giving them a
continued supply of engines and electronics. Their purchase has already taken its toll on the IRL, with the
Chevy/Cosworth pulling the plug on the Cosworth produced, Chevy branded IRL V8.