Cosworth has had a long and distinguished career in Formula One, beginning in 1963. The 3.0 ltr V8 DFV engine won everything going in F1 for years (154 victories over the various generations of the engine) and some would say the ‘new’ V8's in F1 owe a lot to it’s existence.
In 1966, Duckworth designed the DFV (Double Four-Valve) F1 engine on behalf of Ford Motor Company, at the time, he simply stated, "We are too small as a company to allow development and debugging to win over sound design." Named Four Valve because of the four valves per cylinder, and Double as it was a V8 development of the earlier, four-cylinder FVA (four valve type A engine of 1600cc), making it a Double Four Valve engine.
The engine was a 90°, 2,993 cc V8, with bore x stroke of 85.67 x 64.897 mm producing over 400 bhp (408 bhp at 9,000 rpm, with (370 N·m) torque at 7,000 rpm) from the start, reaching 510 bhp at 11,200 rpm by the end of its Formula 1 career. The DFV had three major upgrades over its life in the top formula, with the development of first the DFY and then the DFZ, followed by a major redesign to produce the final DFR type. DFV engine featured 32 valves operated by twin overhead camshafts driven by a train of 9 gears. The metering unit for the Lucas mechanical fuel injection was rotated by gear and belt from the inlet cam, while the exhaust cam drove an alternator on the rear of the head. This engine dominated Formula 1 until 1971, and was also used in sports car racing in 1.8 litre form as the FVC. The FVA was notable for being part of the same Ford contract that gave rise to the DFV; the cylinder head on the FVA pioneered many of Duckworth's ideas that would be used on the V8 engine.
Walter Hayes, the public affairs director at Ford, in turn, offered the engine to Lotus, which had been stranded without competitive engine following the withdrawal of Coventry Climax after FIA changed to the three-litre formula for the 1966 season. That three-litre V8 engine, which debuted in 1967, turned out to become the most successful Formula One engine of all time, winning their first race out of the box.