KTR pulls out of Formula Renault 3.5

Formula Renault 3.5 team KTR has pulled out of the series after being unable to secure a driver line-up for the coming season

KTR pulls out of Formula Renault 3.5

KTR had missed all three pre-season tests and team boss Kurt Mollekens conceded this week that it will not make the grid this year.

"I decided at the weekend that it wasn't going to happen after several meetings with drivers on Friday had not developed as I had obviously hoped for," Mollekens told AUTOSPORT. "It's only bad news, there's nothing much to add.

"In my opinion, we offered a good financial deal and strong technical package - we were offering the drive for under 500,000 Euros. For a long time I had been pretty happy and remained confident, but what we were offering was not good enough. I can't take drivers like some other teams can for 200-300,000 Euros.

"At the end of last year we tested [Miguel] Molina and I felt we were unlucky not to hang on to him as he had a great relationship with our engineer, but he had a better offer elsewhere. We had a bad season last year but we had 20 good ones before that. Unless we get a miracle phone call by the end of the week, we won't be competing."

Mollekens hopes to be able to return to the World Series next year and is also considering options such as Formula Renault 2.0 and the new-for-2010 GP3 series.

"The factory, trucks and everything will be kept in place. I will follow the World Series closely and also investigate other options. We need to see if GP3 is open to non-GP2 teams and if it is going to have a future. F3 is also getting serious and very expensive to compete in."

shares
comments
Pic quickest in Barcelona test

Previous article

Pic quickest in Barcelona test

Next article

Walker tops second day at Barcelona

Walker tops second day at Barcelona
Load comments
How the post-Renault 3.5 series is shaping up Plus

How the post-Renault 3.5 series is shaping up

When Renault ended its support of its 3.5 Formula, there were fears about the category's future. But as PETER MILLS explains, the rebadged FV8 3.5 series has retained an appeal to drivers

Formula V8 3.5
Feb 3, 2016
The all-time FR3.5 top 10 Plus

The all-time FR3.5 top 10

An era ended in 2015 as Renault withdrew its backing of Formula Renault 3.5. GLENN FREEMAN and PETER MILLS pick the 10 best drivers from the World Series by Renault years

Formula V8 3.5
Jan 8, 2016
The top 10 FR3.5 drivers of 2015 Plus

The top 10 FR3.5 drivers of 2015

The 2015 Formula Renault 3.5 season will be notable for being the last with the French company's backing but also produced a worthy champion in Oliver Rowland. PETER MILLS evaluates this year's crop of drivers

Formula V8 3.5
Nov 17, 2015
Renault's ladder to Formula 1 Plus

Renault's ladder to Formula 1

Since 2005 the World Series by Renault package has launched a host of young stars on the path to Formula 1. But there's much more to the events, both on and off the track

Formula V8 3.5
Aug 13, 2015
The top 10 FR3.5 drivers of 2014 Plus

The top 10 FR3.5 drivers of 2014

The field was perhaps not as strong as in the previous season, but Carlos Sainz Jr emerged as a worthy Formula Renault 3.5 champion. GLENN FREEMAN rates the top 2014 drivers

Formula V8 3.5
Nov 11, 2014
The top 10 FR3.5 drivers of 2013 Plus

The top 10 FR3.5 drivers of 2013

There were some standout performances in the Formula Renault 3.5 title race this year, but one racer stood above all the others. GLENN FREEMAN looks back and picks out his top 10 drivers

Formula V8 3.5
Nov 15, 2013
The 2013 Formula Renault 3.5 grid guide Plus

The 2013 Formula Renault 3.5 grid guide

Last year's field was extraordinary and hard to match, but the Formula Renault 3.5 grid will still have plenty of talent this season. Glenn Freeman runs through the field ahead of this weekend's season opener

Formula V8 3.5
Apr 4, 2013
Vandoorne: future McLaren F1 star? Plus

Vandoorne: future McLaren F1 star?

Landing the Fortec seat that took rising star Robin Frijns to the 2012 FR3.5 title was already a good sign for Stoffel Vandoorne. Then McLaren took him under its wing. Peter Mills tells Vandoorne's story so far

Formula V8 3.5
Feb 20, 2013