Jose Ramon Carabante takes over the Campos F1 team

Major Changes at Campos F1

Saturday, February 20, 2010 - Jose Ramon Carabante has signed an agreement with the other shareholder that bill bring him to the front line of Formula One as Carabante becomes the new majority shareholder and takes control of the Campos Meta 1, the Spanish Formula One team which will make its debut at the start of the 2010 season.

Carabante, a dynamic Spanish entrepreneur and businessman was already a partner and president of the team and reached this agreement to ensure that the team would be ready to race at the first round of the FIA 2010 F1 Championship season in Bahrain. Carabante has confirmed that the team HQ will remain in Spain. Dr Colin Kolles (43) will be appointed Team Principal and Managing Director to ensure the team is fully operational and ready to make its Bahrain debut next month.

Jose Ramon Carabante commented: "I would like to thank Bernie Ecclestone, who worked tremendously to support our efforts to keep the team viable. The whole rescue operation has been a race against time with the goal of always having the team run two competitive cars at the first Grand Prix of the F1 season in Bahrain. We have a lot of hard work still ahead of us but we are excited about making our F1 debut and looking forward to a competitive season."

Jose Ramon Carabante names Colin Kolles as Team Principal and Managing Director of Campos F1

Saturday, February 20, 2010.- Jose Ramon Carabante, president of Campos F1, has appointed Dr. Colin Kolles as Team Principal and Managing Director of Campos F1, the Spanish Formula One team which will make its debut at the start of the 2010 season.

Dr Colin Kolles, Team Principal and Managing Director said: "I could not resist this tremendous challenge and am very excited to join forces in this new team. Over the next ten days we will review the entire operation, find the extra funding to ensure the team will make the first race in Bahrain, announce the line-up for 2010 in due time and make the operation viable under Jose Ramon Carabante's new ownership."

background:

Dr Colin Kolles (born 13.12.1967 in Timisoara - Romania) was the Managing Director and Team Principal of the Force India F1 Team. He is from Ingolstadt, Germany, and a German national.

Kolles entered racing by running Kolles Racing and TME Racing, two teams in the Formula Three Euroseries. He was appointed as Managing Director and Team Principal

of the F1 team (then known as Jordan) by its new owner, Alex Shnaider, in 2004.

Kolles was Managing Director and Team Principal of team Midland F1 before the 2006 season began. Following the team's takeover by Spyker and then Force India, Dr Colin Kolles remained as managing director and Team Principal until 2009.

Kolles formed his own LMP1 team to compete in the 2009 24 Hours of Le Mans and the 2009 Le Mans Series season, where he fielded a pair of ex-works Audi R10s TDI running Michael Krumm and Charles Zwolsman, ex-single seater drivers plus Andrew Meyrick and Christian Bakkerud, and ex-Formula One drivers Christijan Albers, Narain Karthikeyan and Swiss driver Giorgio Mondini. Andre Lotterer also participated in the 2009 Le Mans 24 Hours. Kolles also ran a team in the 2009 DTM, with Christian Bakkerud, Johannes Seidlitz and Tomas Kostka on Audi A4s DTM.

-source: dr kolles pr