Formula 1
New teams held back by budget cap crisis
Jun.2 (GMM) The ongoing dispute between existing teams and F1's ruling bodies is thwarting prospective new competitors' plans to enter the world championship next year. The latest hopeful to throw his hat into the ring for 2010 is Alex Wurz, the ...
GMM
Published: Oct 2, 2009, 4:50 PM
Copy link
Share on Viber
Jun.2 (GMM) The ongoing dispute between existing teams and F1's ruling bodies is thwarting prospective new competitors' plans to enter the world championship next year.
The latest hopeful to throw his hat into the ring for 2010 is Alex Wurz, the recent Honda test driver who has lodged an official entry for a budget-capped team backed by Superfund.
But as the FOTA team alliance refuses to accept Max Mosley's announced rules, Austrian Wurz, 35, admitted he cannot realise his plans for Team Superfund until the crisis is resolved.
"A lot depends on what happens," he admitted to the Daily Telegraph.
"We will need to get up and running quickly so we have a plan for both scenarios; either receiving assistance from existing teams or setting up as an independent team.
"However nothing can be fully decided until it becomes clear what are we allowed and not allowed to do for 2010 and years to follow," added Wurz.
Another touted 2010 entrant was Ray Mallock Ltd (RML), currently involved with Le Mans racing and the British and World touring car championships.
But RML actually did not submit its application by the deadline last Friday.
"The recent uncertainty regarding the details of the application of the budget cap and participation of the other teams and manufacturers has meant that we were not in a position to lodge an entry prior to the 29 May deadline," read a statement.
Another new entrant was to be F1 veteran Joan Villadelprat's Spanish team Epsilon Euskadi, which is understood to also have missed the May 29 deadline.
Villadelprat, whose outfit involves another familiar face in the form of former Benetton, Sauber and Arrows engineer Sergio Rinland, said the loss of the budget cap provisions in the 2010 rules would leave their F1 foray in "financial problems".
The same is believed true for the leading British GP2 team iSport, but principal Paul Jackson has so far this week declined to comment.
We want your opinion!
What would you like to see on Motorsport.com?
Take our 5 minute survey.
- The Motorsport.com Team
Read and post comments
Read also :
Share Or Save This Story
Copy link
Share on Viber
Previous article Turkish GP: Toro Racing preview
Next article Turkish GP: Felipe Massa preview
Top Comments
There are no comments at the moment. Would you like to write one?
View More & Comment
More from
GMM
The season is still very long - Rosberg
Formula 1
Formula 1
The season is still very long - Rosberg
Jules Bianchi's father speaks of family's continued hopes
Formula 1
Formula 1
Jules Bianchi's father speaks of family's continued hopes
Sauber under no illusions about constructors' position
Formula 1
Formula 1
Chinese GP
Sauber under no illusions about constructors' position
More from
Ray Mallock
What could have been: Ray Mallock's lost F1 chance
Formula 1
Formula 1
What could have been: Ray Mallock's lost F1 chance
Andretti Autosport engineer Roger Griffiths high on Formula E
Formula E
Formula E
Andretti Autosport engineer Roger Griffiths high on Formula E
RML celebrates 30 years of success
WEC
WEC
RML celebrates 30 years of success
More from
Sauber
Sebastian Vettel reveals why BMW didn't want him – but Red Bull did
Formula 1
Formula 1
Sebastian Vettel reveals why BMW didn't want him – but Red Bull did
You Ask The Questions: Robert Kubica
Formula 1
You Ask The Questions: Robert Kubica
Lewis Hamilton 'almost signed for Sauber' before F1 debut, says Peter Sauber
Formula 1
Formula 1
Barcelona-Catalunya Pre-Season Testing
Lewis Hamilton 'almost signed for Sauber' before F1 debut, says Peter Sauber
Latest news
Austin Cindric wins Ford Veterans Day Classic at Daytona
General
Misc General 5 h
Austin Cindric wins Ford Veterans Day Classic at Daytona
Kevin Harvick: NASCAR needs a Gen 7.5 car and 'some hard conversations'
NASCAR Cup
NAS NASCAR Cup
Homestead-Miami
6 h
Kevin Harvick: NASCAR needs a Gen 7.5 car and 'some hard conversations'
Frankie Muniz "a little sore," released from hospital after Daytona crash
General
Misc General 7 h
Frankie Muniz "a little sore," released from hospital after Daytona crash
Frankie Muniz transported to hospital after Daytona practice crash
General
Misc General 12 h
Frankie Muniz transported to hospital after Daytona practice crash
Feature
Discover prime content
Top 10 F1 cars of the 1970s
Formula 1
By Kevin Turner
Top 10 F1 cars of the 1970s
Subscribe and access Motorsport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
You have 2 options:
- Become a subscriber.
- Disable your adblocker.
Subscribe now Already subscribed? Sign in here
Already disabled your adblocker?
Reload page
Manage Alerts
Subscribe