Jacques Villeneuve planning F1 return
Wednesday 21 July 2010
Corporate backers are behind Jacques Villeneuve's plans for a Formula One comeback next season, the former world champion said today.
In a statement on his website, the 39-year-old Canadian confirmed a link up with Italy-based Durango in bidding to become the 13th team on the grand prix starting grid.
"There are a number of rumours circulating at the moment and I wanted to clarify a few things before this gets out of hand," said Villeneuve.
"The team will be a joint venture with Durango, and based out of Italy. To be clear, right now all the money comes from corporate sponsorship and not from personal investors."
Durango owner Ivone Pinton said last week that he had joined forces with Villeneuve, who would be a driver for the planned team but was also looking for a role after he stops competing.
Villeneuve, the 1997 world champion with Williams as well as a winner of the Indy 500 and CART series, last competed in Formula One in 2006.
The governing International Automobile Federation (FIA) has invited applications for the 13th slot and is expected to decide in the coming weeks whether any have what it takes to participate at a time when some teams are struggling to raise sponsorship.
Durango ran a car for Villeneuve in the Dubai-based Speedcar series until that folded last year and themselves dropped out of the GP2 support series in 2009 due to financial problems.
Arsenal vs Aston Villa preview: I need to prove myself again at Villa, says Scott Sinclair
Transfer news and rumours LIVE: Juan Cuadrado to Chelsea, Cristiano Ronaldo to Manchester City, United want Gareth Bale
Chelsea vs Manchester City player ratings: David Silva saves the day but which City star stole the show at Stamford Bridge?
Arsene Wenger photobombs Arsenal photo shoot - manages to look like famous 'Bigfoot' picture
Kim Sears 'swearing' outburst threatens to overshadow Andy Murray's Australian Open semi-final win
- 1 Three-year-old boy shoots pregnant mother and father in New Mexico
- 2 Stephen Fry explains what he would say if he was 'confronted by God'
- 4 Gorillaz Phase 4: Cartoon supergroup is back as new artwork is unveiled
Stephen Fry explains what he would say if he was 'confronted by God'
9 reasons Greece's experiment with the radical left is doomed to failure
The open loathing between Barack Obama and Benjamin Netanyahu just got worse
Have we reached 'peak food'? Shortages loom as global production rates slow
President Putin is a dangerous psychopath - reason is not going to work with him
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia