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Although it is lovely to look back at the late 60s and early 70s with great nostalgia and misty eyes, it was, figuratively, a different world. Yes, in 1967 it may have only cost £7,500 for a Cosworth DFV, but by how much were they subsidised by Fomoco. Don't forget, the DFV was commissioned by them in the first instance, and they paid for the initial start-up costs.
But looking back all dewey-eyed, you forget that teams didn't used to run just one engine per car per race week-end. Each car would probably use 3 different enhines, one for free practice, a screamer for qualifying and the third for the race. And very often, they couldn't even last for the whole race.
But I think that you will find that by about 1970, prices had began to harden significantly. I can recall that in the latish 1970 looking to buy a twin-cam, and a half decent one would have cost in excess of £10,000. You certainly couldn't get even a second hand DFV for that price then.
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