Another American investment group led by businessmen Tavo Hellmund and James Carney may put a second US F1 team on the 2016 grid.
Rumours grow that race promoter Tavo Hellmund and U.S businessmen James are looking for a F1 team to purchase. And the team they apparently take most interest in is Manor F1, according to motorsport.com.
James Carney is a New York-based investor but Tavo Hellmund is a famous individuality within F1’s circles, having been the idea behind Austin’s Circuit of the Americas and the US Grand Prix which returned in 2012.
More freshly, as a promoter, Hellmund also secured the return on the F1 calender of the Mexican Grand Prix, signing a five-year contract with Bernie Ecclestone to host the race.
Last season was the most prosperous year for Manor, previously identified Marussia. The team got their first 2 points in Monaco Grand Prix, when now late Jules Bianchi finished in 9th place, and its resulting in a 9th place in the constructor’s championship and a whopping £28 million in prize money should they remain for 2015.
Sources have “suggested it is the British-based Manor F1 squad, which is presently controlled by Irish businessman Stephen Fitzpatrick, founder of Ovo Energy.
Manor F1 missed the final three races of 2014 and the first race of 2015 due to financial trouble and its future was in doubt for much of the winter.”
But Fitzpatrick “rescued the team from bankruptcy, although it is believed that he is now looking for a financial boost from a new partner or to sell it completely”
Were a deal to be doing well, it would mean two American teams on the grid for 2016 F1 season.
F1 boss Bernie Ecclestone is known to favour a second race in the United States and two US based F1 teams would also help to expand the sport’s outline in that country.