Brabham name submitted for potential 2010 entry 04 Jun 2009
The Brabham name has joined the growing ranks of hopeful applicants for the 2010 season. The new project has no connection with original Brabham team founder Sir Jack Brabham or his family.
The entry bid is led by German businessman Franz Hilmer, who co-owns an F3 Euroseries squad, and would be based at the former Super Aguri factory at Leafield in the UK, with the Japanese teams ex-technical director Mark Preston joining forces with Hilmer and finance and commercial director Dr Hans-Joachim Tritschler.
A statement released on Thursday said: Brabham has the pleasure to announce its application as a cost cap Formula One team for the FIA 2010 Formula One world championship. We appreciate the FIA rules for cost capped F1 teams, and are convinced that the budget limitation is a contemporary obligation and will effect a revitalization of the Formula One world championship. We would be happy to enter into Formula One as a cost cap team and to meet the challenge under the new rules.
Having bought the assets of Super Aguri when it went into administration last year, Hilmer already runs his tool design and construction company, Formtech, from the Leafield site. Formtech will build the teams cars and, in their statement they also claim to have secured 75 percent of the financial backing it needs to compete from 2010-12.
Under previous owners, the Brabham name's Formula One involvement stretches from the early 1960s through to 1992, when the team withdrew from the sport midseason. Over three decades in the sport, Brabham clinched two titles, 35 wins, 39 pole positions and 41 fastest laps.
A list of the teams accepted for the 2010 championship will be published by the FIA on June 12.