>


Advertisement
Rumors
Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2018 NASCAR Silly Season Page | 2018 F1 Silly Season Page | 2018 IndyCar Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
06/19/17

New Chinese F1 team rumors gain speed
Horner says the new team are trying to steal some of his people
Horner says the new team are trying to steal some of his people
(GMM) Rumors about a potential eleventh team for 2018 are gaining momentum.

The rumors began to swirl recently in the Montreal paddock, including suggestions the new F1 team project was being backed by Chinese investors.

Germany's Auto Motor und Sport now has more details, saying the team would be based in Oxfordshire.

Red Bull team boss Christian Horner confirmed: "Some of our people were asked if they would be interested in working for a new team."

Schmidt added: "Supposedly, former Manor employees have already joined the project."

But F1's sporting chief Ross Brawn said there has been no official approach by the prospective team.

"In the past few months, about ten people have asked us," he said. "But they all wanted to know if we would change the statutes so that new teams will be included in the (income) distribution.

"We have replied that we are bound by the existing contracts until 2020," Brawn added.

And Horner thinks that if the Chinese project does have the money, time is now a major obstacle ahead of the 2018 season.

"It is actually already too late to start a new team for next year," he said.

Rumors Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015
2016201720182019
AutoRacing1 Inc. BBB Business Review

Search Rumors
Search Help

Banner 10000012