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.
Chelsea 2015/16 shirt: Home, away and third kits leaked again
Wojciech Szczesny was 'lied to' by Arsene Wenger over future after £11m transfer of Chelsea goalkeeper Petr Cech
England vs Japan - Women's World Cup semi-final: what time does it start and what channel is it on?
Football kits 2015/16: The good, the bad and the downright worst new shirts from around the world for next season
Manchester United transfer news: Javier Hernandez nears exit as Liverpool eye move for forward despite revealing Real Madrid video
- 1 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 2 Optical illusion turns blue demon into brunette
- 3 German ethics council calls for incest between siblings to be legalised by Government
- 4 Saudi Prince Alwaleed bin Talal to donate entire $32bn fortune to charity
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture