This is F1Minute and it’s the 16th May.
Yesterday, we found out about two teams that are possibly making their way into F1. We reported earlier that Lola were looking at re-entering the sport, and following a detailed analysis of the costs and benefits of doing so, the team have confirmed that they’ll go ahead with attempting an entry.
Also, Formula 3 team Litespeed has teamed up with Mike Gascoyne to apply for the 2010 season, and confirmed that they were hoping to have enough time to prepare to race next year. Both of these potential entries rely on the fact that the FIA budget cap regulations will remain in place, which of course, the current teams are now urgently discussing.
Meanwhile, there is further unrest in France, as a whole host of tractors drove the streets outside of Paris, today, in an attempt to protest the new circuit for the French Grand Prix. The residents argue that the area is too populated to host an F1 event.
That’s it for today, I’ll be back tomorrow with another F1Minute.
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