AUGUST 14, 2003

The Chinese head for Formula 3000?

There are rumors circulating in Europe that suggest that the first step for the Shangsai FRD Grandtour Tyre team from China - which one day hopes to break into Formula 1 - will be to run a program in the FIA International Formula 3000 Championship. The team hopes not only to create Chinese interest in the sport but also help young Chinese drivers to be successful on the world scene. It is anticipated that the organization will either set up its own base in Britain or, perhaps, fund an existing operation as a means of training up its own staff in the longer term.