This is very cool considering that open wheel race cars can get very, very expensive. You all know Formula 1 and the billions of dollars involved. Well, while Formula S5000 is not Formula 1 it does offer a huge value to the competing teams.

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Powerplants are all naturally aspirated Ford Coyote V8's. The chassis is a Formula 3 FIA-Compliant unit:

The S5000 car's chassis is based on a FIA-compliant Formula 3 bespoke chassis manufactured by French motorsport company Onroak-Ligier. The car uses a 5.0-litre naturally-aspirated quad-cam Ford Coyote V8 that is modified by InnoV8, and has an output of 560 hp (420 kW; 570 PS) and 460 lb⋅ft (620 N⋅m) of torque. All of the power is driven by a 6-speed gearbox by Holinger. Holinger also supplies the transaxle. The suspension set and the wing package are supplied by Borland Racing Developments, and are then fabricated by Garry Rogers Motorsport, who also perform the assembly of the S5000 car. The tires are supplied by Hoosier Racing Tire.
The engineering obviously is nowhere near Formula 1's level but this should make for a competitive and fun to watch racing series.

It starts later this month with the inaugural season. More info here: https://www.s5000.com.au/

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