The FIA have begun the process of finding a new F1 outfit to fill the spot vacated by the HRT team back in 2012. Expressions of interest are requested by any interested party before 3 January 2014, with an announcement expected on 28 February 2014.

The FIA notes that if no applicant is considered suitable by both the FIA and the commercial rights holder, no additional team will be selected.

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

The precise terms of this selection process, together with the applicable selection criteria, deadlines, legal requirements and other conditions, will be communicated to candidates who have registered a formal expression of interest with the FIA’s Secretariat before 5pm CET Friday 3 January 2014.

The full invitiation to tender can be downloaded from the FIA website.