Marussia wants to build own Formula 1 engines by 2016

Marussia owner Nikolai Fomenko wants his Formula 1 team to be powered by its own engines.

As current engine supplier Cosworth departs, the team announced in July it has agreed a 'long-term' deal to be powered by Ferrari's new turbo V6 from 2014.

But, citing the Russian edition of Autosport, the Russian news agency Ria Novosti quotes Fomenko as saying: "If we survive to the 2016 season, then I hope Marussia will have its own engines."

"We're moving towards that. It's our main aim," he added.

Marussia, a Russian supercar maker led by Fomenko, bought the Formula 1 team from Virgin ahead of last season.