News Details

Monaco-based firm reiterates interest in F1 team entry

The renamed Monaco F1 Racing Team Project has reiterated its interest in entering Formula 1 in the future and hopes the $200m entry fee for new squads can be waived. In October 2019 Monaco Increase Management, a firm led by businessman Salvatore Gandolfo, revealed its ambitions to enter Formula 1 in 2021 in conjunction with junior squad Campos Racing. It outlined that it had held meetings with Formula 1 chiefs Ross Brawn and then CEO Chase Carey and had hired Peter McCool and Ben Wood as Technical Director and Chief Aerodynamicist respectively. MIM also manages several drivers in motorsport, most notably Porsche Formula E racer Pascal Wehrlein, who previously competed for Manor and Sauber...
Full Story »
Share

You May Also Be Interested In...

Curious statements from CEO Renault about sporting...

Luca de Meo is CEO of the Renault group and therefore also directs the...
4y ago from GPBlog.com

Curious statements from Renault CEO about sporting...

Luca de Meo is CEO of the Renault group and therefore also directs the...
4y ago from GPBlog.com

McLaren extend partnership with tech firm Splunk

McLaren Racing and Splunk Inc., provider of the...
4y ago from GrandPrix247.com

McLaren will only consider Formula E entry if cost cap...

McLaren says its entry into Formula E is entirely dependent on a cost cap...
4y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Nashville – Qualifying Results

The final qualifying session of the 2025 IndyCar season took place on...

O’Ward tops 202 MPH to take IndyCar pole in Nashville

The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...

Callum Ilott, Christian Rasmussen given IndyCar grid...

The NTT IndyCar Series has handed out grid penalties for two drivers...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta admits Arsenal plan vs Liverpool will be...

Arsenal manager Mikel Arteta has admitted that he may have to field an...
5h ago from CaughtOffside.com

Slot’s revamped Liverpool are vulnerable in a way...

ury-hit Arsenal face an ill-at-ease champions struggling to fit the new...
4h ago from TheGuardian.com

West Ham may have edge over Euro giants in race to...

West Ham United have reportedly joined the race for the potential transfer...
13h ago from CaughtOffside.com

Exclusive details on complicated structure of Piero...

Piero Hincapie is set to become an Arsenal player as there's an agreement...
16h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.