FIA opens new selection process for 12th team in F1

1 Comment

After 11 teams contested this year’s Formula One World Championship, the FIA is now looking for a 12th franchise to join the F1 grid in either the 2015 or 2016 season.

Potential entries have been asked to submit a formal expression of interest and an initial administration fee of $5,000 to the FIA by Jan. 3, 2014.

In its call for a new team, the FIA mentioned several criteria for selection including:

  • The technical ability and resources of the team;
  • The ability of the team to raise and maintain sufficient funding to allow participation in the championship at a competitive level;
  • The team’s experience and human resources;
  • The FIA’s assessment of the value that the candidate may bring to the championship as a whole.

The FIA also said that they anticipate full applications will need to be submitted by Feb. 10, 2014, with a final decision set for Feb. 28, 2014. However, they did leave themselves an out in regards to finding a new team.

“In the event that no applicant is considered suitable by both the FIA and the commercial rights holder, no additional team will be selected,” the call stated.

The last time new teams were admitted into Formula One came in 2010, when Hispania, Virgin Racing and Lotus Racing joined the series. Hispania became HRT and then folded at the end of 2012, while Virgin and Lotus Racing have morphed respectively into their current forms as Marussia and Caterham.

Helio Castroneves ‘hustling’ for IndyCar, IMSA rides; talking with four to five teams

Helio Castroneves IMSA IndyCar
IMSA
Leave a comment

As his season gathers steam, Helio Castroneves said his prospects for finding new rides for 2021 in IMSA and IndyCar also are gaining momentum.

The three-time Indianapolis 500 winner said Monday he is optimistic about landing in either or perhaps a combination of both series when Team Penske and Acura end their DPi partnership after this season.

“A lot of people I spoke with, four to five teams, are interested,” Castroneves said. “Whether it’s doing Indy 500 only, whether it’s pushing to do full time or do the sports cars as well. It’s been a very nice conversation.

LOOKING AHEADTeam Penske drivers seeking new rides for 2021

“I have a lot of respect for all the teams that have been talking, and I feel the same feedback. We just have to wait for their (sponsor) connections, and I’m also looking for some connections on my side as well, so hopefully we’ll be able to put this together and get something very soon.”

Given two decades of success with Penske in IndyCar and IMSA, Castroneves’ resume hardly needs burnishing. But the Brazilian has combined with co-driver Ricky Taylor in the No. 7 Acura DPi to win the past two overall victories at Road America and Michelin Raceway Road Atlanta.

But Castroneves, who doesn’t have a manager, said he has been working the phones hard rather than wait for the strong results to bring in the calls.

“At this point, I feel like I’m the one who needs to be talking to them because people need to know I want to continue racing and understand my desire,” Castroneves, 45, said. “There is opportunity, no question, in both (IndyCar and IMSA), which I’m really happy about it. However, because of the COVID-19, a lot of things sometimes have to be a little delayed. But I’m excited. Whatever the opportunity and whatever destiny guides me, whether IndyCar or sports cars, trust me I’ll be as happy as it could be and doing my 100 percent like I always did.

“It’s like politics, you need to be out there, good news or bad news. People have to make notice of your presence. I’m hustling. I want to continue to keep it going. Hopefully, we’ll have good news very soon.”

The news has been all good lately on track for Castroneves and Taylor, who hope to continue their run Sunday at Mid-Ohio Sports Car Course.

The No. 6 duo has surged to sixth in the IMSA WeatherTech SportsCar Championship standings, 10 points out of the lead with four races remaining. After thinking there was “no hope” to be competitive after opening the season with three consecutive poor finishes, Taylor now sees an opportunity for a happy ending.

“With the program going away, Helio has won all the big races and given so much back to the team and left such a mark, he’s really part of Penske history,” Taylor said. “For me, it’s been an opportunity of a lifetime to be a part of it. I’d like to leave my little mark as well. Helio has won everything except for a championship.

“Obviously, we’ve won races already together, but we can win a championship now. I think if both of us can do that together and both win our first championship for ‘The Captain,’ that would be an absolute dream come true, and we can tie a bow on it and be happy.”