August 9, 2006 One of the most important automotive technology stories of recent times appears to have been largely overlooked by the news and automotive media. A meeting on Monday between the Grand Prix Manufacturers Association (GPMA) and Formula One's governing body, the FIA has resulted in an agreement for Formula One Technical Regulations to include means to promote fuel efficiency including energy recovery and re-use from 2009 onwards. With the world’s cleverest and most competitive automotive designers now incentivised to improve both fuel efficiency and horsepower, we can expect to see some significant leaps forward in the efficiency of the internal combustion engine and the technological pinnacle of motorsport will become even more interesting. All relevant regulations for 2009 will be published no later than December 31, 2006 – we can’t wait. Perhaps for Christmas we can all wish for Uncle Bernie to set up an electric racing formula?