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

• 06 Jul.
  • Vettel more 'comfortable' at home
  • New aerodynamic components at Renault
  • Mallya hoping for better qualifying
  • Alonso looking for 'magic' solution
  • Trulli recognises importance of next race
  • GPUpdate TV: Wilson collects first Dale Coyne win
  • Racing takes priority for Hartley
  • Photos: Goodwood Festival of Speed
• 05 Jul.
  • Barrichello aiming to win again
  • Hamilton unable to drive Senna's McLaren
  • Updated double diffuser for BMW
• 04 Jul.
  • Problem analysis a strong point, says Brawn
  • Kovalainen hails 'great' circuit
  • Home Grand Prix looms for Heidfeld
• 03 Jul.
  • Campos driver announcement expected in August
  • World's fastest rollercoaster at Nürburgring
  • Mixed Nürburgring memories for Hamilton
  • Piquet doubtful of Renault recovery
  • Senna Jr. to drive Uncle's McLaren
  • Plans progressing for Bulgarian Grand Prix
  • Goodwood hosts Festival of Speed
  • Dallara ready for Campos mission
• 02 Jul.
  • Special Heidfeld helmet design revealed
  • Williams and Force India outside FOTA discussions
  • Hockenheim in revival talks with Ecclestone
  • Heidfeld interested in several teams
  • Fry keen to see Barrichello on top
  • 'Only a mad Max would advise Todt'
  • F1 returning to streets of Moscow
• 01 Jul.
  • Alguersuari hoping for Toro Rosso drive
  • Glock remaining bright over chances
  • Ferrari clear Alonso talk as speculation
  • Bird to drive '96 Williams at Goodwood
  • Williams to celebrate 40 years at Goodwood
  • Alguersuari replaces Hartley as Red Bull reserve
  • George resigns as Indy chairman
  • Bridgestone changes allocation format
  • Nakajima 'better' than last year
  • Bourdais 'thinks before he drives'
• 30 Jun.
  • GPUpdate TV: Dixon leads Ganassi 1-2 at Richmond

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