Former GP2 team Durango declares bid to enter 2011 F1 season
The Durango team has announced their bid to enter the 2011 FIA Formula One World Championship. The Italian squad withdrew from the GP2 series at the end of last year due to financial reasons, but they know reckon that with newly found sponsorship they will be pursuing an F1 grid slot.
A statement issued by the Durango team said, ""Durango has been officially acknowledged by the FIA as candidate for the valuation process for the selection of a new Formula 1 team for the 2011 World Championship.
"After all the wrong things happened last season we tried our best to look for new partners in our racing activity. It did not take too long to understand that the interest could be aroused just about Formula 1 and nothing else.
"We pushed towards this direction and I can say that, to enter F1, we can now enjoy the backing of two very big international groups.
"So even keeping the feet on the ground as we say in Italy, because up till now this is just a serious attempt, I like to consider that after so many years spent pushing young drivers to become future champions now the time has come to strongly push Durango as a team towards the motorsport pinnacle."
