FIA to approve 'Forza Rossa' F1 entry (Update) UPDATE The FIA is understood to have finally granted an entry to the Romanian-backed FRR F1 Team project, although no official announcement has been forthcoming.
The FIA’s last public reference to the bid came on April 11, when the World Motor Sport Council granted an entry to Gene Haas but said it was “in the process of conducting further investigations for Forza Rossa,” using the name that forms part of the official FRR identity.
For reasons unknown this extra vetting process dragged on for more than six weeks. However, the governing body appears to have finally acknowledged last week that the project is financially viable.
While Haas has admitted that a 2015 start is highly unlikely FRR is believed to still be aiming for next year, despite the entry delay making life a lot tougher than it would be had it been granted alongside that of Haas on April 11.
However, FRR has a lot more elements in place compared to Haas. It is planning to use a Renault power unit, while the car will be built and run by a team put together by former Force India and HRT boss Colin Kolles at his base near Munich.
Front man for the project is Ion Bazac, a qualified doctor and former Romanian health minister. The 45-year-old has a number of business interests and is the country’s Ferrari importer, under the name Forza Rossa.
Bazac is also the president a consortium of private and state funded investors whose motive is to promote the interests of Romania, and who have the support of the government. Indeed, the Romanian sports minister met with the FIA early in the bid process. Adam Cooper Blog
06/03/14 (GMM) F1 looks set to have a twelfth team on the grid in 2015.
It has already emerged that Nascar team co-owner Gene Haas' US-based F1 project will probably not get up and racing until 2016.
But when Haas' entry was approved by the FIA in April, the governing body also said "further investigations" were ongoing for another "high standard" application filed by "Forza Rossa".
Forza Rossa, meaning 'red force' in Italian and also the name of a major official importer and seller of Ferrari road cars in Romania, is reportedly backed by Romanians and headed by former HRT boss and Romanian Colin Kolles.
Media reports this week say the FIA has decided to approve Forza Rossa's team entry. There has been no official confirmation.