Campos Meta 1 will change its name ahead of the 2010 season, after going under new ownership.
Last month, former team president, Jose Ramon Carabante, took a majority stake in the outfit and installed Colin Kolles as team principal, in replace of founder Adrian Campos.
Subsequently, it has been reported by Spanish newspaper Diario AS that the team will now be renamed Hispania Racing, which is the Roman name for the Iberian Peninsula and ties in with Carabante’s current company Grupo Hispania.
The newspaper reports that the name change will be made official at an unveilling ceremony in Murcia on Thursday. It is also expected that the event will also show off the team’s Dallara-built car for the first time and confirm Bruno Senna and Indian Karun Chandhok as drivers.
Meanwhile, it has been reported that Argentine driver Jose Maria Lopez is closing in on the reserve driver role at the team, with his deal to race for the beleaguered USF1 team having seemingly fallen through.
In an interview with Argentine Radio Station Cadena 3,
Victor Rosso, a member of Lopez’s management team, hinted at this.
“There are a lot of chances that he will be a reserve at Campos,” Rosso said. “At this moment Felipe McGough [Lopez’s manager] is finalising the details to release him from the contract with US F1 and to get his money back. It all depends on the termination of the contract.
“We made it clear to the Americans that he should not be treated like another businessman, but rather like a person that got the money thanks to a lot of effort and that this is the last chance he will have to race in Formula 1.”