F1 could have new teams for 2019 says Todt
Honda F1 website
Honda website

JUNE 22, 2017

F1 could have new teams for 2019 says Todt

Jean Todt has not denied that a new team might be lining up to enter formula one.

There have been rumours a new project backed by Chinese investors has been shopping around at existing teams for personnel.

And now, Brazil's Globo reports that a company called China F1 Racing Team has been registered at Companies House in Britain.

Indeed, filed documentation shows that the London based company, with a single director who has been in business for many years, was previously called Bronze Fortune.

FIA president Todt is quoted by France's L'Equipe: "We currently have ten teams but the idea is to have twelve.

"There is an opportunity for one or two teams to join F1. There are a lot of rumours in this area, but there is a clear interest from several sides," he added.

However, Todt said there would be no time for a new outfit to be up and running in time for 2018.

"When we see that the right time has come, we will announce a process for potential new teams," he said.

(GMM)

Other stories for JUNE 22, 2017

THURSDAY PRESS CONFERENCE

VERSTAPPEN SHOULD KEEP QUIET AMID RUMOURS

BRATCHES EYES PAY-TV FUTURE FOR F1

F1 COULD HAVE NEW TEAMS FOR 2019 SAYS TODT

FERRARI TAKES ENGINE UPGRADE TO BAKU

BERGER'S NEPHEW NOT CONFIRMING FORCE INDIA NEWS