News Details
F1 seeking twelfth team for 2015
F1 is seeking a twelfth team.
With the Spanish stragglers HRT having pulled out at the end of the 2012 season, the FIA on Thursday launched a "selection process" to find a new team "to participate at a competitive level" in time for 2015 or 2016.
In a media statement, the FIA said expressions of interest will close on 3 January. An accompanying document said the full application fee will be $130,000.
"The overall long-term interests of the championship will determine which candidates are selected," it added.
The FIA said it will consider the applicants' "technical ability and resources", and the ability "to raise and maintain sufficient...
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12y ago from GrandPrix.com
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