Formula One news

FIA hopes to see Formula Two in 2009

The FIA has announced on Wednesday it will invite tenders for a new feeder series for Formula One. This championship, called Formula Two, would be launched in 2009 and used as an inexpensive platform to develop emerging driver talent for Formula One.

The FIA is hoping a company will make it possible for young talented drivers to race for a limited budget of around € 200,000 per car in a season. Formula One's current feeder series, GP2 Series, is estimated at 1.3 million euro per car per season making it nearly impossible for young talented drivers without a mega budget to compete in the series that is closely being watched by Formula 1 bosses.

more news

• 22 Aug.
  • Massa impressed with Valencia
  • Raikkonen confident for next few races
• 21 Aug.
  • Force India focus on 2009, Mallya still hopeful for 2008
  • BMW gets to bottom of KERS shock problem
  • Photos: Thursday at the Valencia Street Circuit
  • Nakajima in hopeful mood
  • A snapshot of Valencia
  • Valencia should suit Williams - Rosberg
• 20 Aug.
  • Step into unknown for Bridgestone
  • Photos: Preperations at Valencia
  • Raikkonen not giving up
  • Valencia technical preview
  • Barrichello sees chance of points
• 19 Aug.
  • Renault sets sights on fourth
  • Glock still smiling after Hungarian podium
  • Piquet targets top ten qualifying slot
  • Toyota confidence high for Valencia
• 18 Aug.
  • Alonso promises extra for second home race
  • Trulli hopeful of fighting for podium
  • BMW boss hoping to revive campaign
  • Brawn hopeful having done Valencia homework
  • Kubica ready to get down to business
• 17 Aug.
  • McLaren boss relies on methodical approach
  • Heidfeld unconcerned by new venue
• 16 Aug.
  • Button excited for Valencia debut
  • Kovalainen - win doesn't change much
• 15 Aug.
  • Heidfeld expects challenging track in Valencia
  • Trulli set for streets of Rotterdam
  • Hamilton puts focus on consistently scoring points
• 14 Aug.
  • Raikkonen set for Finnish stamps
  • Red Bull goal is fourth
  • Berger: Vettel will win the championship one day
• 13 Aug.
  • Former Renault aero guru passes away
  • McLaren will rotate staff next year
• 12 Aug.
  • Rosberg will stick with Williams
  • Alonso's sneak preview of Valencia
• 11 Aug.
  • Bourdais: It's difficult getting used to the car
  • New gearbox is Force India's final update
  • Theissen: Friday sessions in Valencia will be busy
• 10 Aug.
  • Coulthard wants to ban refuelling

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