F1 2009

[Artur Nunes]

update...:noworry:

PSA interested in Brackley-based outfit?<!--sizec--><!--/sizec-->

A new possible buyer has been named for the Brackley-based F1 team. The French car manufacturer 'PSA', which sells cars under its Peugeot and Citroen brand names, would have expressed interest in buying the team.

The Belgian site autosportnieuws claims that several anonymous sources reported a possible interest now that F1 is looking to drastically reduce running costs.

Despite its campaigns in WRC with Citroen and at Le Mans with Peugeot, there might still be a chance, having in mind that the manufacturer has only been softly hit by the current financial crisis compared to most other car builders.

French carmaker eyes Honda F1 team

Mon 15 Dec, 08:07 AM

The French manufacturer PSA, selling cars under the names Peugeot and Citroen, has reportedly expressed interest in buying Honda's beleaguered Formula One team.

Anonymous sources apparently told the Belgian motor racing magazine Autosportnieuws that the carmaker, last involved in F1 as an engine supplier with the now-defunct Prost team, has made enquiries to buy the Brackley based team as an active F1 competitor.

Citroen's world rally team is the reigning drivers' and constructors' champion, and Peugeot is involved in Le Mans racing.

It is suggested that, given F1's willingness to vastly reduce operating costs, PSA is interested in stepping because it has not been hit as hard by the world economic crisis than some of its peers abroad.

The French government is also pledging financial support to the car sector, in return for Renault and Peugeot-Citroen promising to limit job cuts and plant closures.

It is suggested that Sebastien Bourdais, the French F1 driver whose Toro Rosso seat is in doubt for 2009, would be part of a PSA buyout, with Jenson Button as his team-mate.