Thursday, April 23, 2009

Aston Martin and others seeking for Cheaper F1

Potential new teams keen to be budget-limited next year are seemingly clamouring at F1's paddock turnstile.

USF1/USGPE has already lodged an application for 2010, Lola is evaluating a start-up team, and London's Times newspaper said David Richards wants to bring his Aston-Martin brand onto the grid.

Up to five other small teams may also have expressed interest in the controversial new era of low budget limits, with Bernie Ecclestone also said to be offering teams a financial package with an eye on boosting the grid to 26 cars.

The British independent engine firm Cosworth would also be involved with an affordable customer package, as the threat of more carmakers following Honda out of the sport rises.

"This is a great time to come in," Richards, set to enter talks with Middle Eastern backers about his plans for a team with a staff of 140, confirmed.

"Nothing is decided yet," he continued, "but the key to all of this is the financial reality that the budget cap will bring."

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