Daewoo is set to launch its first major motorsport programme by becoming the next car manufacturer to sign up to compete in the all-new World Touring Car Championship (WTCC) in 2005.
The South Korean company is believed to be the sixth carmaker series boss Marcello Lotti stated was set to join the other five manufacturers - SEAT, Alfa Romeo, BMW, Peugeot and Ford - in the new series that has grown out of the European Touring Car Championship.
According to this week's Autosport magazine, Daewoo is thought to be joining the WTCC with a full factory team of two or three cars run by a British race organisation well known in the touring car arena. RML, formerly known as Ray Mallock Limited, is believed to have been given the deal.
Should RML be announced as the new team, it is unclear if it would continue to run SEAT's programme in the BTCC.
Daewoo is believed to be planning to use the Nubira model for the WTCC campaign, but it is not yet clear whether it will be the existing four-door model or a forthcoming five-door version.
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