Court testimony: New F1 team given permission to join the grid

Forza Rossa, from Romania, apparently seeking funds to fulfill its plans.

It appears that Gene Haas’ North Carolina-based Formula One team, scheduled to debut in the 2016 season, may not be the only newcomer to the F1 grid.

According to filings in a London court uncovered by The Independent, a British publication, a team from Romania called Forza Rossa has been given permission to field a team in the next two years.

According to the story, by respected F1 journalist Christian Sylt: The project is led by Ion Bazac, a former Romanian health minister. “The team has long been rumored to be interested in joining the sport but until now there has been no confirmation it has got the green light,” the story says.

One source of evidence, Sylt writes, is sworn testimony from Constantin Cojocar, who bought Caterham Sports, which designs and builds cars for the now-bankrupt Caterham team. The testimony says Cojocar bought Caterham Sports “with the intention of it designing and building cars for Caterham and Forza Rossa.” His Romanian investors have not supplied the money he was promised, he said, and he further stated that he understands Forza Rossa is “looking at other possible arrangements for 2015.”

According to his statement, last June Forza Rossa received a letter of intent from the FIA, allowing it to enter Formula 1 in the next two years. “Forza Rossa hopes to race in the 2015 season, but time to prepare is running short.”

The Independent's full story is here: http://ind.pn/1rU5Qyu

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About this article
Series Formula 1
Article type Breaking news
Tags romania, toro rossa