B.C.M.A. confirm the loan deal with Ecurie Ecosse, and shall allocate C-01 chassis 1 and A/AS Griffin engine 1 with respect to the deal.
The Financial Times wrote:Six major British defence concerns reorganized under new statutory corporation
January 24th, 1957
A government spokesperson announced today that, in light of the significant layoffs across the British defence industry observed in the previous two months, six nationally important industrial concerns will be nationalised and reincorporated under a new corporation established by Parliamentary statute. This new corporation, Commonwealth Defence and Aerospace, shall comprise of Blackburn Aircraft, A.V. Roe and Company, the De Havilland Aircraft Company, Folland Aircraft, the Alvis Car and Engineering Company, and the Hawker Siddeley Group, with the newly constituent companies to be organized into two corporate subdivisions, Commonwealth Aviation, and Commonwealth Dynamics.
The resultant political fallout from the failure of the Suez intervention, and the capitulation of the Eden government just two weeks prior, is believed to have had a significant role to play in the downturn suffered by the British defence and aerospace industry, and concomitantly, the nationalisation and consolidation of the aforementioned companies within a single corporate entity. Much of the management structure and personnel have been transplanted from the British Commonwealth Motorsport Association that had been commissioned as a financial rescue scheme for Alvis and Armstrong Siddeley a mere two years ago, and which has met with remarkable success in international Grand Prix racing since.
Sir Edward Palmerston, present director of the B.C.M.A. and a former director of the Nuffield Organisation, is expected to be elevated to the position chief executive responsible for Commonwealth Defence and Aerospace. The Financial Times understands that he is highly regarded within defence and business circles alike, and possesses extensive ties to British industry, Westminster, the Ministry of Defence, and the British intelligence community. B.C.M.A. itself is to be retained as a specialist research subsidiary of Commonwealth Dynamics, and is expected to continue its participation in Formula One as a fully-fledged Grand Prix racing operation.
Motor Sport wrote:New B.C.M.A. design on the horizon; to feature extensive technical innovation sourced from aviation
Motor Sport understands that Reid Railton, having had his technical team substantially reinforced in the previous few weeks, has arrived at the final design concept for B.C.M.A.'s challenger for the 1957 World Championship. Inspired by existing developments in aerospace, this new car is expected to boast a forged aluminium space-frame chassis, a far cry from the heavy, steel ladder chassis of yesteryear, sleek, aerodynamic bodywork molded from magnesium alloy, and a lightweight two and a half litre straight-six engine developed with the full extent of the considerable combined technical capacity and engineering expertise of Alvis and Armstrong Siddeley.
Additionally, Motor Sport has learned that the engine shall be placed behind the front axle of the car, with the oil pan and gearbox situated low within the chassis, in pursuit of a more equitable distribution of weight and a lower centre of gravity to minimize body roll under heavy cornering. Whilst a rear-engined solution was briefly pursued, the desperately underwhelming performance of the similarly configured Cooper T40 and T41 have compelled Railton and his engineers to consider such an approach to be too radical, and too risky, of a technical gamble.
B.C.M.A. will proceed to design a new chassis and a new engine for £100,000 and £60,000, respectively. Additionally, the chassis and engine will receive the following designations:
Chassis:
RP.1001Engine:
A/A-S Wyvern