Kolles in charge as Campos takeover confirmed 19 Feb 2010
Doubts over the participation of Campos in the 2010 FIA Formula One World Championship faded on Friday with confirmation that existing shareholder Jose Ramon Carabante has taken a controlling stake in the new team, originally founded by ex-F1 driver Adrian Campos.
Spanish businessman Carabante has appointed former Force India boss Colin Kolles as team principal and says they fully expect to make their race debut at next months Bahrain Grand Prix.
I would like to thank (Formula One Management CEO) Bernie Ecclestone, who worked tremendously to support our efforts to keep the team viable, said Carabante. The whole rescue operation has been a race against time with the goal of always having the team run two competitive cars at the first Grand Prix of the F1 season.
With Bahrain barely three weeks away, Campos have just one confirmed driver - Brazilian Bruno Senna - and have yet to test their new car, and Carabante admitted the team, who will continue to be based in Spain, have much to do ahead of the Sakhir race.
We have a lot of hard work still ahead of us but we are excited about making our F1 debut and looking forward to a competitive season, he added.
New team boss Kolles is no stranger to Formula One racing having joined Jordan in 2004 following Midlands takeover, and remaining with the team through its Spyker days and into the early part of its time as Force India.
"I could not resist this tremendous challenge and am very excited to join forces in this new team," Kolles said of his involvement with Campos.
"Over the next 10 days we will review the entire operation, find the extra funding to ensure the team will make the first race in Bahrain, announce the line-up for 2010 in due time and make the operation viable under Jose Ramon Carabante's new ownership."
Campos are one of four new squads joining the grid for 2010, along with Lotus, Virgin and the US team.