Two time World Champion Fernando Alonso warns that he would quit the sport if FIA still plans to implement their new cost cutting plans of making every Formula One team to use a standard engine.

The ruling comes into effect from 2010 and its F1′s governing body proposal to cut Formula One excessive costs.

The Spaniard is not the only one who’s planning to quit over this new ruling, but other constructors such as Ferrari and Toyota too have threatened to pull out over this new ruling.

Fernando Alonso

“If they approve a single engine that would be the last straw. It would be time to start thinking about retirement. The advantage is that practically everybody is starting from zero. Next year I will try to be champion. You can’t allow yourself to start the championship without thinking you’re going to win. My objective is to win the title. It’s a very clear objective, although it may have to be altered as the year goes on.”