F1 is seeking a twelfth team. With the Spanish stragglers HRT having pulled out at the end of the 2012 season, the FIA on Thursday launched a "selection process" to find a new team "to participate at a competitive level" in time for 2015 or 2016.
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)
FIA launches selection process for twelfth F1 team for 2015
- Published on 12 Dec 2013 11:05
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- By: Rob Veenstra
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Formula 1 Calendar - 2026
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Spain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
Team profile
- Team name HRT
- Base Madrid, Spain
- Daniel Ricciardo 22
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