Mark Hughes

You can get away with a much higher proportion of electric on a road car because of its duty cycles and its aerodynamics.

Whereas a racing car with open wheels, massive wings for the downforce, being driven at a big proportion of its time over 150 miles an hour and the resistance is squaring with speed.

It's absolutely useless for that because it's nowhere near dense enough.

It's like a 50th as dense as petrol.

So you've got to accept that you can't have the same split in an ideal world.

But it's interesting that you mentioned BYD because they are looking at Formula One.

Right.

Well, it already is.

You can answer them quite truthfully saying it already is.

And we are reducing a little bit the electrical contribution, but it will still be a hybrid.

I don't think we're talking about going back to zero electrics.

And I don't think we're talking about...

2006 spec V8s.

We're talking about a reduced contribution of the electric, but we'll still be hybrid.

I think that's what we're going to end up with.

But in a way that it doesn't compromise the racing.

And yeah, then everybody's happy in an ideal world.

Well, we do.

Everyone is happy.

You talk about the challenges of happiness and you go into some of your philosophy.