Craig Pollock has founded Propulsion Universelle et Recuperation d'Energie (PURE), a company which will produce engines for the inline-4 turbo formula set to be introduced in 2013. I didn't see this one coming!
The company has close ties to Mecachrome, which is itself a descendent of the Renault V10 engine programme from 1989 to 1997 (the Williams team's Renault engines were badged as Mecachromes in 1998 when Renault withdrew factory support), and employees engineers who have worked on Renault and Peugeot's F1 engines in the past.
It will be interesting to see if this project succeeds, and if it attracts any customers. Perhaps some of the Cosworth-powered teams might be attracted to switch, or could it even be an option for McLaren if the Mercedes engines are eventually withdrawn?
EDIT: Additional information: Joe Saward article, first dyno tests planned for the end of this year.
Edited by midgrid, 04 May 2011 - 22:48.