FIA launches selection process for twelfth F1 team for 2015
- Published on 12 Dec 2013 11:05
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- By: Rob Veenstra
In a media statement, the FIA said expressions of interest will close on 3 January. An accompanying document said the full application fee will be $130,000. "The overall long-term interests of the championship will determine which candidates are selected," it added.
The FIA said it will consider the applicants' "technical ability and resources", and the ability "to raise and maintain sufficient funding". "A decision (will be made) on 28 February 2014," the FIA added in its document entitled 'call for expressions of interest'. "In the event that no applicant is considered suitable by both the FIA and the commercial rights holder, no additional team will be selected," the letter read. (GMM)
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