To solve this problem it is necessary to resort to the concepts related to energy, power, speed and force.
By definition we know that Power is the Amount of Energy used over a period of time, that is
[tex]P = \frac{E}{t}[/tex]
Energy in turn is the amount of force used during a given distance, that is
[tex]E = F*d[/tex]
Replacing at the first equation we have that
[tex]P = \frac{F*d}{t}[/tex]
For the kinematic equations of movement description we have that velocity is equivalent to
[tex]v = \frac{d}{t}[/tex]
Then,
[tex]P = F*v[/tex]
Here the force is equal to the drag force, then
[tex]P = \vec{F_{D}}*\vec{v}[/tex]
Since [tex]\vec{F_{D}} \angle \vec{v}[/tex] are opposite therefore cos180=-1
[tex]P = -F_D*v[/tex]
[tex]P = -C_d Av^2 v[/tex]
Where,
[tex]C_d =[/tex] Drag coefficient
A = Area
V = Velocity
Finally we have the expression:
[tex]P = -C_d A v^3[/tex]