Superfund rules out F1 application

Austrian investment company Superfund will not apply for a Formula 1 grid slot for 2011

Superfund rules out F1 application

The company, run by Austrian businessman and motorsport enthusiast Christian Baha, had sought an entry for 2010, but missed out on one of the new team slots that were awarded to Manor Grand Prix (now Virgin), Campos Meta 1 (now HRT) and Team US F1.

It also remained on the reserve list, but the extra grid slot opened was handed to Lotus in September.

Despite the FIA inviting "expressions of interest" from teams for any vacant grid slot for next season on March 13, Baha confirmed to AUTOSPORT that "Superfund will not apply for a 2011 licence."

Team Superfund was headed up by ex-Benetton, McLaren and Williams racer Alexander Wurz, who is no longer involved in the company. It would initially have been based in the factory of an existing team - believed to be Williams - before its own headquarters was established in Austria.

Formtech, which lodged an entry last year under the Brabham name, has also ruled out applying for a place in F1.

Ex-Super Aguri technical director Mark Preston, now managing director of Formtech Composites, which is based in the former Arrows/Super Aguri factory in Leafield, told AUTOSPORT that an F1 entry is "no longer in the plans".

shares
comments
Q & A with Lewis Hamilton

Previous article

Q & A with Lewis Hamilton

Next article

Kubica fastest in first Melbourne practice

Kubica fastest in first Melbourne practice
Load comments
How Monza only added more questions to F1's sprint race conundrum Plus

How Monza only added more questions to F1's sprint race conundrum

With two sprint races under its belt, Formula 1 must now consider its options for them going forward. While they've helped deliver exciting racing on Sundays, the sprints themselves have been somewhat lacking - creating yet another conundrum for F1 to solve...

Who should Alfa Romeo sign for 2022's F1 season? Plus

Who should Alfa Romeo sign for 2022's F1 season?

OPINION: With Valtteri Bottas already signed up for 2022, all eyes are on the race for the second seat at Alfa Romeo next year. Antonio Giovinazzi is the current incumbent, but faces a tough competition from appealing short and long-term prospects

Formula 1
Sep 15, 2021
The "forced break" that was key to Ricciardo's Monza excellence Plus

The "forced break" that was key to Ricciardo's Monza excellence

OPINION: Daniel Ricciardo has long been considered one of Formula 1’s elite drivers. But his struggles at McLaren since switching from Renault for 2021 have been painful to watch at times. Yet he’s recovered to banish those memories with a famous Monza win – built on a critically important foundation

Formula 1
Sep 14, 2021
How Verstappen is ruining his F1 title battle with Hamilton Plus

How Verstappen is ruining his F1 title battle with Hamilton

OPINION: The Italian GP clash between Lewis Hamilton and Max Verstappen followed a running theme in the 2021 Formula 1 title fight. Their close-quarters battles have often resulted in contact - and although Hamilton has shown a willingness to back off, Verstappen must learn to temper his aggression

Formula 1
Sep 14, 2021
Italian Grand Prix Driver Ratings Plus

Italian Grand Prix Driver Ratings

Two drivers produced maximum-score performances as, for the second year in a row, Monza threw up an unpredictable result that left several others ruing what might have been

Formula 1
Sep 13, 2021
Why Ricciardo was set for Monza F1 triumph even without Verstappen/Hamilton crash Plus

Why Ricciardo was set for Monza F1 triumph even without Verstappen/Hamilton crash

The clash between Max Verstappen and Lewis Hamilton was the major flashpoint the 2021 Italian Grand Prix will be remembered for. Yet by this point, race leader Daniel Ricciardo had already done the hard work that would put him in position to end his and McLaren's lengthy win droughts, on a memorable afternoon in Monza

Formula 1
Sep 13, 2021
Why Italian GP success is on for McLaren even if Verstappen dominates Plus

Why Italian GP success is on for McLaren even if Verstappen dominates

For the second time in 2021, McLaren will line up for the start of a grand prix from the first row. It knows it has the chance of “glory” if things go well for Daniel Ricciardo and Lando Norris at the start of the 2021 Italian Grand Prix, but even if they just maintain their grid positions, signs from the rest of the Monza weekend suggest success is very possible for Formula 1’s other orange army

Formula 1
Sep 12, 2021
The F1 media favourite who lifted a broken Lotus Plus

The F1 media favourite who lifted a broken Lotus

Graham Hill was nearly 30 when he made his Formula 1 debut. NIGEL ROEBUCK examines the life of a gifted racer whose talismanic personality defined an era

Formula 1
Sep 11, 2021