Mofaz Formula Renault 3.5 team to close

The Mofaz Racing Formula Renault 3.5 team is set to close following the final race of 2011 at Barcelona this weekend. The Wellingborough-based team is owned by the family of Malaysian racer Fairuz Fauzy

Mofaz Formula Renault 3.5 team to close

The team has struggled to find another fully-funded driver to partner American Jake Rosenzweig this season.

Former Superleague Formula race-winner Chris van der Drift received a last minute call-up to start the season in Mofaz's second seat. Budget difficulties then forced the Kiwi to cede his place to Super Nova GP2 driver Fauzy. Van der Drift's high point of the season, third place at Spa-Francorchamps in May, was equalled by Fauzy at the Nurburgring.

"I am really disappointed not to continue," said Fauzy. "We had a sponsor that never paid us the money on time, so we had to think whether to inject more capital into the team and then perhaps lose more money. It is sad news for us, but nevertheless in the motor racing world you can always come back.

"Now my dad's task is to concentrate on the Asian side, where we are still running Mofaz Racing. My dad wants to focus on grooming young talent in that part of the world."

Fauzy entered Formula Renault 3.5 with Cram by P1 in 2007, before joining Fortec in Monaco the following year. Mofaz acquired Fortec's FR3.5 operation in 2009, running Fauzy to second place in the drivers' standings. Richard Dutton's Fortec concern elected to establish its own FR3.5 team again for 2010, while Mofaz, located in the former Ultimate Racing premises, entered cars as Junior Lotus Racing.

"I don't know what will happen with the factory," continued Fauzy. "At the moment I will leave it to my dad, but I don't know what his real plan is. All I know is he's still in talks with some people in another championship.

"I still think this has been a good experience. I want to thank Renault, [series organiser] RPM and the organisation for giving us the opportunity to get into this series. We are waiting for a sponsor to pay us, but they never paid us on time. We understand in this current economic downturn it's very difficult to find the money, so now I think it's time to look on the Asian side."

Fauzy ended Friday morning's opening collective test at Barcelona seventh fastest. Rosenzweig ended the morning 13th, and has confirmed he will contest the Abu Dhabi GP2 race with Addax.

"On my behalf I still haven't decided on my plans for next year," said Fauzy. "My management is working, hopefully, to secure a single-seater drive for next year. But I can't say anything yet until I get some sponsors.

"The most important thing, though, is to get the best result for this last weekend. We're sixth in the teams' standings, which is not too bad at all. Jake did a great job in the last two races, finishing fourth both times. Hopefully me and Jake can score good points this weekend. I feel for the boys, but I said to them 'this is the last race, let's do our best.'"

shares
comments
Albert Costa fastest in first Formula Renault 3.5 session in Barcelona finale

Previous article

Albert Costa fastest in first Formula Renault 3.5 session in Barcelona finale

Next article

Albert Costa tops second Barcelona Formula Renault 3.5 test session as well

Albert Costa tops second Barcelona Formula Renault 3.5 test session as well
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