(GMM) Another independent F1 team might be bought out, according to FIA president Max Mosley.
He told a throng of media at a luncheon in London (UK) that 'negotiations are going on' between a team and a company with 'significant resources.'
Following the sale of Jaguar to Red Bull, and Jordan to Midland, only Sauber and Minardi make up F1's existing privateer contingent.
Mosley also broached the possibility of more carmakers, like GM or Volkswagen, joining the F1 party. He said that might depend on Toyota.
''If Toyota start to succeed in the next year or two,'' he said, ''I think that might encourage (them).''
Max said F1, despite a 'crisis' late last year, is now financially 'healthier' - thanks to the Jordan and Jaguar sale - than ever before.
Written: Fri, 11 Feb 2005 08:33:27
[ Print View ][ E-Mail Article ]
- March 10, 2010No name change for Sauber
- February 26, 2010Sauber signs Mexican teen to 'observe' in 2010
- February 09, 2010Four day Jerez test ready to go
- February 04, 2010No Podiums for Sauber - Pedro
- February 01, 2010F1 comes alive - testing at Valencia
- January 31, 2010Sauber launches C29 on Valencia pit straight
- January 28, 2010Sauber race numbers undecided
- January 27, 2010Launch and Test debut dates
- January 19, 2010De la Rosa joins Sauber
- January 18, 2010Fisichella favourite for Sauber
- (February 11, 2005)View all headlines from this date
