FIA looking for 12th team

The FIA open the tender process for a 12th team to join the starting grid in Formula 1 from the 2015 or 2016 season.

The FIA have revealed that they are looking for a 12th team to compete in Formula 1 from the start of either the 2015 or 2016 season.

Any potential new team have until January 3 to declare their interest to the governing body along with with an administration fee of $5,000 (£3,000).

"The FIA has decided to open a new selection process to identify a candidate team to participate at a competitive level in the FIA Formula One World Championship from the start of the 2015 or the 2016 season up to 2020 inclusive," read a statement on their website.

"The overall long-term interests of the championship will determine which candidates are selected."

Only 11 teams contested this year's championship following the end of HRT last year.

Red Bull team principal Christian Horner watches on during qualifying for the Brazilian Grand Prix on November 24, 2012
Read Next:
Horner: Test drivers "huge benefit"
>
You May Like
Recomended from Sports Mole

Loading ...

Failed to load data.

Login, I already have my ad-free pass
Log in with Facebook to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account