New teams poised to enter F1

Lola, David Richard’s Prodrive outfit, USF1, and Campos Racing have submitted an entry for the 2010 World Championship, alongside all the teams currently competing in the sport.

The deadline for submissions was on Friday and Lola were among those teams lodge an entry with the FIA.

The Lola Group said in a statement: “Lola believes that the WMSC decisions relating to cost-capping and the provision of revised technical regulations to facilitate the entry of new teams into Formula One should be embraced,” the company said in a statement.

“This is not only prudent considering the backdrop of global economics but also taking into account the need for new teams to be able to compete credibly against long established entrants.”

About the teams

LOLA

Lola Cars International Ltd. is a racing car engineering company founded in 1958 by Eric Broadley and based in Huntingdon, England. Lola Cars started by building small front-engined sports cars, and branched out into Formula Junior cars before diversifying into one of the oldest and largest manufacturers of racing cars in the world. Lola was acquired by Martin Birrane in 1998 after the unsuccessful Lola MasterCard attempt at Formula One.

Lola Cars is a member of the Lola Group, which combines former rowing boat manufacturer Lola Aylings and Lola Composites, who specialize in carbon fibre production.

PRODRIVE

Prodrive Ltd. is a motorsport and automotive engineering group based in Banbury, Oxfordshire, England. It designs, constructs and races cars for companies and teams such as Subaru and Aston Martin. Its Automotive Technology division based in Warwick provides road car design and engineering consultation for various car manufacturers.

Prodrive is perhaps best known for its involvement in the World Rally Championship with the Subaru World Rally Team.

In addition to its British base, the group has activities in Thailand, China and Australia. Turnover in 2005 was £112 million.

USF1

US Grand Prix Engineering, or USGPE for short, is an American group entering Formula One in the 2010 season. The team had originally planned to enter under the group name USF1, but had to change due to the objection of Bernie Ecclestone, who claims to own the rights to the term F1. Fédération Internationale de l’Automobile (FIA) president Max Mosley confirmed in early February 2009 that he had been approached by the group but that costs are currently too high for them to be competitive. The team is fronted by Haas CNC Racing technical director Ken Anderson and journalist Peter Windsor.

Autoblog has reported that the team will promote American technology under the banner “Made in America” and that the cars will be designed and built in Charlotte, North Carolina. A secondary European base will be in Azkoitia, Basque Country, Spain, sharing facilities with the Epsilon Euskadi racing team. Anderson would like the team’s cars to be driven by two American drivers and are considering any American driver with the right credentials. The team was officially launched on February 24 on the Speed television channel.

Windsor’s team blog confirms that one of their initial investors are the advertising agency of Goodby, Silverstein & Partners.

Campos Racing

Campos Racing is founded by retired Formula One driver Adrián Campos. He founded Adrian Campos Motorsport (later renamed Campos Grand Prix) in 1998, with Marc Gene winning the Open Fortuna by Nissan championship in its first year before immediately reaching Formula One. He also ran Fernando Alonso in his early years.

The team entered the GP2 series when it was launched for 2005. Two fifth places were the best results that year. The team opened 2006 with a podium at Valencia for Adrian Valles, but neither he nor fellow Spaniard Felix Porteiro scored another podium all year (Portiera was second on the road at Silverstone, but a steering rack irregularity caused him to be disqualified).

The signing of veteran Giorgio Pantano for 2007 lead the team forward, Pantano scoring two victories and 3rd overall, with team-mate Vitaly Petrov also winning at the season finale at Valencia. For 2008 Petrov remained, with Ben Hanley replaced in the second car by Lucas di Grassi after three rounds. Di Grassi immediately recaptured his 2007 form, with three second places in his first four starts, and subsequent wins at the Hungaroring and the new Valencia Street Circuit – which represented a double for the team, as Petrov won race one, having scored just one other podium all year. The Campos team won the 2008 Teams’ Championship. In October 2008, Campos announced that he plans to step down from running the GP2 team and to sell his stake in it, but will still remain involved in F3 and a new project that is unspecified. The GP2 team was taken over by Alejandro Agag and renamed Barwa Addax.

Campos has been linked to a move into Formula One, and he considered buying the assets of the defunct Super Aguri team. In May 2009, his team lodged an entry for the 2010 Formula One season.

Source: Wikipedia