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New Monaco-based F1 team aims to join the grid!
A new project based in Monaco - simply called the Monaco F1 Team - is aiming to join the F1 grid at some point in the future, spurred on by a recent comment by F1 boss Stefano Domenicali. The project, spearheaded by management firm Monaco Increase Management (MIM) founded by Salvatore Gandolfo, is a second effort by the latter to put an F1 team on its rails. In 2019, Gandolfo's MIM hooked up with junior outfit Campos Racing to study the feasibility of fielding a Spanish-based outfit in F1. At the time, discussions were held with then F1 boss Chase Carey although nothing concrete came out of the talks. Nonetheless, MIM apparently kept its project idling and even targeted an entry in 2021,...
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