Panthera Team Asia are ready for another shot at joining the F1 grid. A 'pre-agreement' with a current PU supplier is already in place.
In 2019, Panthera announced themselves as another team wanting a slice of the F1 pie. With the goal of becoming the team of Asia, they set about jumping through the necessary hoops to get on the grid but, as it did with all other walks of life, COVID scuppered their plans.
Since Liberty Media’s acquisition of the sport in 2017, all eyes have been on the US with a sustained push to make F1 part of American life. Three races in the US, a US racer andall point to progress but it is on the other side of the globe where Durand feels attention has been lacking. “The particular issue you have when you want to try to create a Formula 1 team is to have all the planets align,” Durand continued.
t, a new route that will supposedly make life easier for any potential new entrants in their application. “We need to have confirmation, that’s what we’re waiting for right now. We’ve been told that by the end of the month, they will release exactly what they expect from the teams. “We are ready to resume. We have several people that are ready to jump on board that are not, for most of them, committed yet in Formula 1, so they don’t have the garden leave etc.
“But we also want to develop local talents to bring them to Formula 1. There is an academy which will take time to develop and we will not build the team on it at the beginning but this is also the objective in the medium and long term. “We don’t plan to build, for example, a wind tunnel right away. This is a huge investment that is honestly not so necessary right now because you use the wind tunnel half of the time now so you can make an agreement with an existing team to share the wind tunnel or there are wind tunnels available in Europe that can be used.
“We have had a discussion with basically everybody in the paddock right now,” he said. “We have on paper a pre-agreement with one of the manufacturers. “It would be ridiculous for me to say, ‘okay, we want to come and win the Championship and be champion in five years, we’re going to be champion.’
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