‘Serious People’ Backing Ex-Boss as 12th F1 Team Attempt Gathers Momentum
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Szafnauer has engine and funding for 12th F1 team plan
Otmar Szafnauer has a group of "serious people" ready to finance a 12th team in Formula 1, as well as a car manufacturer "in place that wants to join".The ex-Aston Martin and Alpine F1 team principal revealed during the recent Miami Grand Prix, at a business forum co-hosted by The Race, that he's been working on proposals for a new Formula 1 team with the aim of being first in the queue should a new tender process launch.Speaking on the latest e…
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