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FIA opens selection process for new team to enter Formula 1

FIA opens selection process for new team to enter Formula 1 12 December, 2013 Formula 1′s governing body sought expressions of interest on Wednesday from would-be new teams that could enter the sport from 2015 or 2016. The International Automobile Federation (FIA) posted a note on its announcing 'a new selection process to identify a candidate team to participate at a competitive level'. 'The overall long-term interests of the championship will determine which candidates are selected,' it added. Formula 1  last admitted new constructors in 2010, when Spanish-based Hispania, Virgin Racing and Malaysian-owned Lotus Racing expanded a depleted grid to 12 teams following the departure of...
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