FIA opens up entry process for 2016/17

By on Thursday, May 28, 2015
Red Bull/Getty Images

Red Bull/Getty Images

The FIA, Formula 1's governing body, has opened up the selection process for prospective teams to enter the championship from either 2016 or 2017.

Formula 1 has not had a new team since Virgin, Lotus Racing and HRT joined the sport at the start of 2010, with only Virgin - now operating as Manor Marussia - still on the grid.

Next season Gene Haas' eponymous outfit will join the Formula 1 paddock but the FIA has opened up the process for interested parties to join the grid as early as 2016.

"Having due regard for the sustainability and future success of the Formula One World Championship, the FIA has opened a new selection process to identify a candidate team to participate in the Championship from the start of the 2016 or the 2017 season," read a statement posted on Thursday evening.

"The overall long-term interests of the Championship will determine which candidate is selected."

Interested applicants must lodge an expression of interest to the FIA before the end of June.

The FIA will examine all applicants to ensure that they have sufficient technical ability and resources, whether it has the ability to raise and maintain its participation in the championship at a competitive level, and whether the team brings value to the championship.

A decision will be made at the end of September. If no applicant is considered suitable by the FIA and the commercial rights holder than no team will be selected.

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