
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.
| FIA news | |
|---|---|
| 20 Nov. | FIA was using new teams, says Lola |
| 13 Nov. | 'Ban was result of secret FIA meetings' - Briatore |
| 13 Nov. | FIA against leaked 'Crashgate' data |
| 12 Nov. | FIA optimistic over US Grand Prix |
| 11 Nov. | 'N.Technology loses battle against FIA' |
| 05 Nov. | 'F1 organisers to blame for lost teams' - Ferrari |
| 04 Nov. | FIA warns again: Credit crunch will win |
| 03 Nov. | Trulli on lookout for clear racing rules |
| 02 Nov. | Alonso fined for pit lane speeding |
| 23 Oct. | FIA victor Todt aiming for 'constructive change' |
| 23 Oct. | Todt becomes FIA President |
| 23 Oct. | FIA all set for new President |
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| full overview | ||
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