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MANAMA, Bahrain - Formula 1 has agreed to accept two new teams - one of them a US entry from Nascar team owner Gene Hass.
F1 CEO Bernie Ecclestone said: "They will be accepted. We've also accepted another team. Whether they'll make it or not is another story. We are happy to have another couple of teams.
"I've spoken to Jean Todt (International Automobile Federation president) and we agreed that we would let another two teams come in."
FINANCIAL PROBLEMS
In December 2013 the FIA called for expressions of interest from potential new entries from 2015 or 2016 and set a January 2014 deadline. There are currently 11 teams competing.
Full applications had to be submitted by February 10 2014 and a decision was supposed to have been taken by February 28 2014 although the governing body has remained silent on the subject.
Haas, co-owner of the Stewart-Haas Nascar team, acknowledged in January 2014 that Haas Racing Development had responded to the federation's call.
Former team principal Colin Kolles, who led the failed Spanish HRT team after stints at Force India and its previous incarnations Jordan, Midland and Spyker, has also reportedly submitted an application.
Ecclestone, who will face a court hearing on bribery charges in Germany later in April, appeared in good spirits and said he would have no problem with 13 teams. "Sure. And you can have a team and it can be 14," he joked.
F1 last admitted new teams in 2010, with a US outfit initially accepted but later removed from the entry list when it became apparent it was not in a position to race.
Sauber and Lotus had financial problems in 2013 that threatened their futures and Caterham was warned before the start of the season by Malaysian owner Tony Fernandes that it needed to raise its game.
"If we are at the back, I don't think we are going to carry on," he told reporters then. After five years and to get no points, there's a limit to everyone's patience."
Stay with Wheels24 for the 2014 NAME OF TRACK F1 GP weekend.
F1 CEO Bernie Ecclestone said: "They will be accepted. We've also accepted another team. Whether they'll make it or not is another story. We are happy to have another couple of teams.
"I've spoken to Jean Todt (International Automobile Federation president) and we agreed that we would let another two teams come in."
FINANCIAL PROBLEMS
In December 2013 the FIA called for expressions of interest from potential new entries from 2015 or 2016 and set a January 2014 deadline. There are currently 11 teams competing.
Full applications had to be submitted by February 10 2014 and a decision was supposed to have been taken by February 28 2014 although the governing body has remained silent on the subject.
Haas, co-owner of the Stewart-Haas Nascar team, acknowledged in January 2014 that Haas Racing Development had responded to the federation's call.
Former team principal Colin Kolles, who led the failed Spanish HRT team after stints at Force India and its previous incarnations Jordan, Midland and Spyker, has also reportedly submitted an application.
Ecclestone, who will face a court hearing on bribery charges in Germany later in April, appeared in good spirits and said he would have no problem with 13 teams. "Sure. And you can have a team and it can be 14," he joked.
F1 last admitted new teams in 2010, with a US outfit initially accepted but later removed from the entry list when it became apparent it was not in a position to race.
Sauber and Lotus had financial problems in 2013 that threatened their futures and Caterham was warned before the start of the season by Malaysian owner Tony Fernandes that it needed to raise its game.
"If we are at the back, I don't think we are going to carry on," he told reporters then. After five years and to get no points, there's a limit to everyone's patience."
Stay with Wheels24 for the 2014 NAME OF TRACK F1 GP weekend.