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Epsilon Euskadi still targeting F1

ESPNF1 Staff
October 25, 2010 « Ecclestone not out to axe Spa | »
Joan Villadelprat still has his sights set on F1 © Sutton Images

Spanish Le Mans team Epsilon Euskadi is still hoping to race Formula One in the future, according to its boss Joan Villadelprat.

It tried to acquire the thirteenth and final team entry for 2011, but the FIA ruled that none of the applicants had the financial resources to justify the go-ahead. Nevertheless, Villadelprat has told the Noticias de Gipuzkoa that he still has F1 ambitions.

"We have not thrown in the towel," he confirmed. "The most important thing in Formula One is the funding that allows you develop for the long-term. We already have the infrastructure and human capacity. We are still working with a range of investors and we hope soon to have a final decision. If the decision is positive, we have a range of options. We can go for the 13th entry in 2012, or for 2011 buy an existing team."

He ruled out buying the struggling HRT team.

"We are not in contact with them," said Villadelprat, who has decades of experience in F1 with Ferrari, McLaren, Benetton and Prost. "But we are confident that there are licenses available, because there are several teams in a very delicate economic situation. If we secure the budget for the next four years to take over the project of one of these teams, we will -- otherwise, no."