2010 Formula One Entry Applications & List

Ed · Post by Ed » Mon Jun 01, 2009 12:28 pm

Here are the teams known to have applied for entry to the 2010 Formula One World Championship. The FIA regulations allow 13 teams (26 cars) to compete in the 2010 F1 Championship.
The FIA will publish the teams accepted on the 12th of June.

Williams F1 - http://www.williamsf1.com
USF1 - http://www.usgpe.com
Campos - http://www.camposracing.com
Lola - http://www.lola-group.com
Prodrive - http://www.prodrive.com
Litespeed - http://www.litespeedf3.com
Team Superfund
March Engineering
Brabham Grand Prix
Epsilon Euskadi - http://www.epsiloneuskadi.com
MSC (N. Technology)
Group of Italians/Italian Companies
Ferrari * - http://www.ferrari.com
McLaren * - http://www.mclaren.co.uk
BMW Sauber * - http://www.bmw-sauber-f1.com
Renault * - http://www.ing-renaultf1.com
Toyota * - http://www.toyota-f1.com
Red Bull * - http://www.redbullracing.com
Toro Rosso * - http://www.scuderiatororosso.com
Brawn GP * - http://www.brawngp.com
Force India * - http://forceindiaf1.com

* FOTA Conditional entry - Press statement

Julian Mayo · Post by **Julian Mayo** » Fri Jun 05, 2009 6:42 pm

The Brabham family, headed by a rather blacker than usual Black Jack are furious about the use of the Brabham name.
The family totally disassociates itself from the entry.
Expect to hear more.

Julian Mayo · Post by **Julian Mayo** » Fri Jun 12, 2009 7:07 am

I reckon Sir Black Jack's dialysis machine was beginning to melt.
The Family are pursuing the matter vigorously.

Ed · Post by Ed » Fri Jun 12, 2009 10:00 pm

The FIA have published the names of 13 teams entered in the 2010 Formula 1 Championship.

Of the FOTA teams, Ferrari and the 2 Red Bull teams have been entered conditionally despite the 3 teams submitting their applications with FOTA. The 5 remaining FOTA teams have until next week to lift their conditions!

If discussions with those FOTA teams fail, the FIA will consider some of the other applicants that applied for entry.

2010 FIA Formula One World Championship Entry List 12/06/2009
Following the completion of the applications process for teams to compete in the 2010 FIA Formula One World Championship, the following teams have been confirmed.

TEAM CONSTRUCTOR
SCUDERIA FERRARI MARLBORO FERRARI
SCUDERIA TORO ROSSO STR TBA
RED BULL RACING RED BULL RACING TBA
AT&T WILLIAMS WILLIAMS TOYOTA
FORCE INDIA F1 TEAM FORCE INDIA MERCEDES
CAMPOS GRAND PRIX CAMPOS COSWORTH
MANOR GRAND PRIX MANOR COSWORTH
TEAM US F1 TEAM US F1 COSWORTH
VODAFONE McLAREN MERCEDES* McLAREN MERCEDES
BMW SAUBER F1 TEAM* BMW SAUBER
RENAULT F1 TEAM* RENAULT
PANASONIC TOYOTA RACING* TOYOTA
BRAWN GP FORMULA ONE TEAM* BRAWN TBA

*These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June.

The maximum number of cars permitted to enter the 2010 Championship has been increased to 26, two being entered by each competitor. Pending completion of the discussions referred to above, further due diligence is currently taking place on other potential entries.

Ed · Post by Ed » Fri Jun 12, 2009 10:02 pm

The Ferrari, Red Bull Racing and Toro Rosso teams immediately announced that their applications remain conditional. Ferrari specifically stated that they will not take part in the 2010 F1 Championship if their conditions are not met

Julian Mayo · Post by **Julian Mayo** » Sat Jun 13, 2009 6:16 am

Mad Max fiddled, while F1 burned.

Julian Mayo · Post by **Julian Mayo** » Sat Jun 13, 2009 7:02 am

Good to see Mad Max looking after his Old Mate, Nick Worth.

Manor gets a start, while Prodrive, and Lotus miss out.
Senor Richards would be happy, not.

mlittle · Post by **mlittle** » Sat Jun 13, 2009 8:28 am

Ed wrote:The FIA have published the names of 13 teams entered in the 2010 Formula 1 Championship.

Of the FOTA teams, Ferrari and the 2 Red Bull teams have been entered conditionally despite the 3 teams submitting their applications with FOTA. The 5 remaining FOTA teams have until next week to lift their conditions!

If discussions with those FOTA teams fail, the FIA will consider some of the other applicants that applied for entry.

2010 FIA Formula One World Championship Entry List 12/06/2009
Following the completion of the applications process for teams to compete in the 2010 FIA Formula One World Championship, the following teams have been confirmed.

TEAM CONSTRUCTOR
SCUDERIA FERRARI MARLBORO FERRARI
SCUDERIA TORO ROSSO STR TBA
RED BULL RACING RED BULL RACING TBA
AT&T WILLIAMS WILLIAMS TOYOTA
FORCE INDIA F1 TEAM FORCE INDIA MERCEDES
CAMPOS GRAND PRIX CAMPOS COSWORTH
MANOR GRAND PRIX MANOR COSWORTH
TEAM US F1 TEAM US F1 COSWORTH
VODAFONE McLAREN MERCEDES* McLAREN MERCEDES
BMW SAUBER F1 TEAM* BMW SAUBER
RENAULT F1 TEAM* RENAULT
PANASONIC TOYOTA RACING* TOYOTA
BRAWN GP FORMULA ONE TEAM* BRAWN TBA

*These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June.

The maximum number of cars permitted to enter the 2010 Championship has been increased to 26, two being entered by each competitor. Pending completion of the discussions referred to above, further due diligence is currently taking place on other potential entries.

At least USF1 made it onto the list.................

Julian Mayo · Post by **Julian Mayo** » Sat Jun 13, 2009 8:53 am

mlittle wrote:
Ed wrote:The FIA have published the names of 13 teams entered in the 2010 Formula 1 Championship.

Of the FOTA teams, Ferrari and the 2 Red Bull teams have been entered conditionally despite the 3 teams submitting their applications with FOTA. The 5 remaining FOTA teams have until next week to lift their conditions!

If discussions with those FOTA teams fail, the FIA will consider some of the other applicants that applied for entry.

2010 FIA Formula One World Championship Entry List 12/06/2009
Following the completion of the applications process for teams to compete in the 2010 FIA Formula One World Championship, the following teams have been confirmed.

TEAM CONSTRUCTOR
SCUDERIA FERRARI MARLBORO FERRARI
SCUDERIA TORO ROSSO STR TBA
RED BULL RACING RED BULL RACING TBA
AT&T WILLIAMS WILLIAMS TOYOTA
FORCE INDIA F1 TEAM FORCE INDIA MERCEDES
CAMPOS GRAND PRIX CAMPOS COSWORTH
MANOR GRAND PRIX MANOR COSWORTH
TEAM US F1 TEAM US F1 COSWORTH
VODAFONE McLAREN MERCEDES* McLAREN MERCEDES
BMW SAUBER F1 TEAM* BMW SAUBER
RENAULT F1 TEAM* RENAULT
PANASONIC TOYOTA RACING* TOYOTA
BRAWN GP FORMULA ONE TEAM* BRAWN TBA

*These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June.

The maximum number of cars permitted to enter the 2010 Championship has been increased to 26, two being entered by each competitor. Pending completion of the discussions referred to above, further due diligence is currently taking place on other potential entries.
At least USF1 made it onto the list.................

Lets' just hope they get to compete against the best, and not overgrown A1GP cars...........

Ed · Post by Ed » Sat Jun 13, 2009 12:14 pm

FOTA released the following press statement

In response to the erroneous statement made today by FIA, the Formula One Teams Association (FOTA) wishes to underline that the entries of all its members - excluding the temporarily suspended Force India and Williams - have been submitted to the FIA as conditional entries.

The entries to the 2010 FIA F1 Championship submitted by BMW-Sauber, BrawnGP, Ferrari, McLaren, Red Bull Racing, Renault, Toro Rosso and Toyota were based upon conditions that have still yet to be met.

FOTA will continue to act constructively on resolving differences with the FIA. Regrettably FOTA is being forced to outline in detail our objections to the new arbitrary FIA proposals and we will release details of our concerns in the near future which will constructively explain why the FIA's proposals are bad for the future of Formula One, the jobs of those employed within the motor-racing industry and especially the millions of loyal fans who are dismayed and confused at the internal bickering within our sport.

FOTA reaffirms the unity and strength of its members, welcomes the three new F1 entrants announced today and remains committed to work with all the bodies of the Federation Internationale de l'Automobile to resolve our differences.

Julian Mayo · Post by **Julian Mayo** » Sat Jun 13, 2009 12:42 pm

Both barrels....Boom Boom.
Mad Max has overplayed his hand this time.

Maksutov · Post by **Maksutov** » Sat Jun 13, 2009 8:59 pm

Julian Mayo wrote:Good to see Mad Max looking after his Old Mate, Nick Worth.
Manor gets a start, while Prodrive, and Lotus miss out.
Senor Richards would be happy, not.

Many of those teams were fabricated to put pressure on existing teams, the use of name Lotus and Brabham which is not even legal... you can tell that its a patch up job orchestrated by Max Mosley and his rich friends.

Where as USF1 have been working to build an F1 team for almost 4 years according to its investors and its management. Thats how long it takes to prepare and build a professional F1 team.

Manor and Campos are pretty much followup copies of the work USF1 have done.

Maksutov · Post by **Maksutov** » Sat Jun 13, 2009 9:02 pm

mlittle wrote:
Ed wrote:The FIA have published the names of 13 teams entered in the 2010 Formula 1 Championship.

Of the FOTA teams, Ferrari and the 2 Red Bull teams have been entered conditionally despite the 3 teams submitting their applications with FOTA. The 5 remaining FOTA teams have until next week to lift their conditions!

If discussions with those FOTA teams fail, the FIA will consider some of the other applicants that applied for entry.

2010 FIA Formula One World Championship Entry List 12/06/2009
Following the completion of the applications process for teams to compete in the 2010 FIA Formula One World Championship, the following teams have been confirmed.

TEAM CONSTRUCTOR
SCUDERIA FERRARI MARLBORO FERRARI
SCUDERIA TORO ROSSO STR TBA
RED BULL RACING RED BULL RACING TBA
AT&T WILLIAMS WILLIAMS TOYOTA
FORCE INDIA F1 TEAM FORCE INDIA MERCEDES
CAMPOS GRAND PRIX CAMPOS COSWORTH
MANOR GRAND PRIX MANOR COSWORTH
TEAM US F1 TEAM US F1 COSWORTH
VODAFONE McLAREN MERCEDES* McLAREN MERCEDES
BMW SAUBER F1 TEAM* BMW SAUBER
RENAULT F1 TEAM* RENAULT
PANASONIC TOYOTA RACING* TOYOTA
BRAWN GP FORMULA ONE TEAM* BRAWN TBA

*These five teams have submitted conditional entries.The FIA has invited them to lift those conditions following further discussions to be concluded not later than close of business on Friday 19 June.

The maximum number of cars permitted to enter the 2010 Championship has been increased to 26, two being entered by each competitor. Pending completion of the discussions referred to above, further due diligence is currently taking place on other potential entries.
At least USF1 made it onto the list.................

Yep there was never any doubt in my mind for them to join since they've been planing and preparing for the past 4 years

Ed · Post by Ed » Sat Jun 13, 2009 11:14 pm

The FIA have published a brief profile for the 3 new teams coming into Formula 1 in 2010. The FIA have also said that 15 applications were recieved.

--------------------

2010 FIA Formula One World Championship - New Entries
12/06/2009

When the FIA opened entries for the 2010 FIA Formula One World Championship, it received applications from 15 potential new teams.

All of those entries underwent a stringent due diligence process to ensure that new teams have the required level of funding, resources, experience and technical expertise to compete at the highest level of motor sport. Three of those teams have been confirmed for 2010 and further due diligence is currently taking place on other potential entries.

Detailed below is information about each of the new teams that will compete in the Championship from next year.

Company Name: Campos Meta
Team Name: Campos Grand Prix
Country: Spain
Team Principal: Adrián Campos Suñer

The Campos Racing team was launched in 1998 by ex-Formula One driver Adrián Campos. Since that time it has competed in various championships from GP2 to Euro F3. It has won six driver championships, five team championships and currently holds the GP2 Series 2008 title.

Campos Racing is running the Campos Grand Prix team in conjunction with Meta Image, a Madrid-based sports agency which specializes in event management, sponsorship acquisition, PR and marketing.

The Grand Prix team’s headquarters are based in Madrid, which houses the marketing and administrative departments. The technical centre is based at Campos Racing’s current headquarters in Valencia, 25km from the Ricardo Tormo race track. This facility currently manages design and development for the Campos Racing F3, Mexico A1GP and Barwa International GP2 teams.

As part of its application to compete in the 2010 FIA Formula One World Championship, Campos has agreed an engine supply deal with Cosworth and technical partnerships with Dallara Automobili and Xtrac.

Company Name: Manor Grand Prix Racing
Team Name: Manor F1 Team
Country: United Kingdom
Team Principal: John Alfred Booth

The Manor name came into racing in 1990 when former single-seater champion John Booth decided to establish his own team. Since that time, Manor's record of success includes some 171 Race Wins and 19 Championship Titles in championships such as Formula Renault and Formula 3 Euroseries.

Manor is based in the UK across two sites, one in Sheffield and the other in Bicester. Its technical innovation is characterised by the fact that the race cars are designed, tested and refined entirely in the digital domain using the processes originally developed by Wirth Research Limited (WRL).

WRL is an engineering company, founded by Nick Wirth in 2003, which specialises in research, development and manufacturing in the high technology sector. WRL's designs were successful in winning both the 2004 and 2005 lndy Racing League championships and it has recently produced race winning designs for Honda competing in the American Le Mans Series.

Wirth, who is the Technical Director of Manor Grand Prix Racing, started his career as an Aerodynamicist for the March F1 racing team. He was responsible for aerodynamic concepts as well as scheming and design of wind tunnel model components for the 1988 and 1989 Leyton House March F1 cars.

From 1993 to 1995, Wirth was Founder/Owner/Technical Director of the Simtek F1 team, which started in the 1994 F1 championship. Simtek Research provided the team with all of the engineering and design of the cars. Wirth went on to become Chief Designer for the Benetton F1 team from 1996 to 1999.

As part of its application to compete in the 2010 FIA Formula One World Championship, Manor has agreed an engine supply deal with Cosworth.

Company Name: Team US F1
Team Name: Team US F1
Country: US
Team Principal: Ken Anderson

Team US F1 is a new racing operation but its directors have many years of motor sport experience and it has already attracted a host of investors.

US F1’s Team Principal Ken Anderson has been involved in motor sport for over 30 years. His experiences include designing and constructing multiple Indy 500 and IndyCar Series-winning race cars, operating as technical director for the Ligier and Onyx Formula One teams and creating the advanced Windshear Wind Tunnel.

Fellow team director Peter Windsor has worked in F1 for over 35 years as a journalist, team manager and consultant. He has worked as the team manager for the championship-winning Williams-Renault team, the manager for Ferrari’s F1 chassis and suspension departments and as a consultant for F1 drivers Nigel Mansell and Carlos Reutemann.

As part of its application to compete in the 2010 FIA Formula One World Championship, US F1 has agreed an engine supply deal with Cosworth.

Ed · Post by Ed » Sat Jun 13, 2009 11:22 pm

The FIA also issued a Q&A on the due diligence process for choosing the new Formula 1 teams

----------------------

2010 FIA Formula One World Championship - Due Diligence Q&A 12/06/2009

How are you ensuring that applicants are adequately and securely funded?

We are using professional advisors to make checks on the substance behind any funding sources on top of obtaining reviews of pertinent contracts and other relevant documentation. Bank references have been supplied in many cases.

What is involved in the Due Diligence process?

We have requested documentary evidence to support all the new teams’ assertions, in particular with regards to funding. Thus we have been provided with accounts, contracts, multi-year business plans and other supporting material. On the technical side we have asked for a thorough description of their capability, key staff, project plans, capital assets (present and planned for), organisational charts, and so on.

Where there are key sub-contractors required we have asked to see contracts and letters of intent. This extends to the sponsorship side, where plans and any descriptions of existing relationships are required. In all these aspects we have requested evidence that substantiates any claim in the teams’ plans.

In the background to these evaluations, where key individuals were identified on the funding side, our forensic accountancy advisors have run reputational checks, alongside the checking of factual data supplied.

Once we had formed an opinion of the serious contenders we asked them to come to London to be questioned face to face by the due diligence team. Then a short summary report on the top five was sent to the FIA President.

Have you enlisted the help of other experts to help with the Due Diligence?

It would not have been possible to perform this exercise without expertise from our advisors, Deloitte, who have assisted us throughout. The forensic ability to give advice on the documents provided is invaluable.

How many applicants were there and were all of them taken forward to the due diligence process?

There were 15 applicants and we took 12 of these through the process initially. We interviewed nine of the more promising potential teams. There were a surprising number of well-presented entries, with substantial funds behind them.

Is it really possible to perform due diligence on all of these organisations in such a short amount of time?

It has been intense. The one advantage is that the short timescale has revealed the teams that really have their plans together and the answers to hand, and those that are making it up as they go along. If they are going to be in Formula One they need to be able to respond quickly and competently. Thus the condensed time line has ‘stress tested’ the new entrants.

Have you been surprised by how many viable teams have applied to enter the championship?

Yes it was a surprise in some ways, but more reassuring than surprising. Formula One is a fantastic prospect and with the financial reforms to lower the barrier to entry to realistic levels it is good to see such a strong market for new teams. This exercise has demonstrated that the only reason there have been vacancies on the F1 grid for many years was the excessive cost of participation.