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Aston Martin to Make F1 Debut?

The cost-cutting policy introduced by the International Automobile Federation for the Formula 1 championship from 2010 onwards has certainly proved a success so far. Nothing is official, of course, but the news coming from several worldwide manufacturers are very encouraging. As the latest report in London's Times newspaper show, Aston Martin might also enter the bid later this year.

It seems the main thing that triggered the interest of Aston Martin and other teams to joining the F1 pack was FIA's president Max Molsey announcing the introduction of budget caps starting 2010. Responsible spending is a very appealing concept in motorsports these days, and the new contenders are planning to make the most of it in order to be part of the Great Circle (arguably the pinnacle of motorsport).

According to the aforementioned source, Prodrive boss David Richards is already searching for financial backing in the Middle East in order to bring his Aston Martin brand to the F1 grid. However, it is yet to be known whether Richards' plans involve the 2010 season or the next. As confirmed by the man himself, the upcoming season will be a great opportunity to join the series.

“This is a great time to come in. Nothing is decided yet, but the key to all of this is the financial reality that the budget cap will bring,” Richards was quoted as saying by the aforementioned publication.

The new team would apparently have around 140 employees and is to benefit, just like the other potential new entries, from a favorable financial package from F1 supremo Bernie Ecclestone. It is the case of newly-former USF1/USGPE, who have already submitted their application for the 2010 season.

Recently, British engine manufacturer Cosworth and car racing company Lola (who have a long history in Formula 1) have expressed their desire to join Formula 1, the former as an engine supplier and the latter as a new team. However, both are to make a final decision during the course of this year.
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