Nissan to enter F1 in 2008?

Nissan are to enter F1 in 2008 according to the broadsheet Le Journal du Dimanche . The French newspaper suggested that the Japanese car maker would like to enter the sport and compete against arch-rivals Honda and Toyota.

Alain Prost, former World Champion and bankrupted team owner, has also met with Nissan and Renault CEO Carlos Ghosn to discuss the venture (Renault bought into Nissan in 1999).

The newspaper quoted Simon Sproule, vice-president of Nissan, as describing F1 as an option .

“Right now we are involved in regional championships in Japan, the US and in Africa. We have studied the possibility to invest in a worldwide competition,” he added.

Sproule also revealed that senior management had attended several F1 events to ‘observe, learn and understand the discipline’s finer details’. It remains to be seen whether the World Champions Renault would simply rebrand as Nissan, or if a completely new team would be founded under the management of Alain Prost.