Malaysia eyes F1 team entry for 2010 - report

Thursday 3 September at 10:00 : Sep.3 (GMM) According to reports in
the domestic press, the Malaysian government is interested in forming
a national formula one team

The state owned oil company Petronas is already a sponsor of
BMW-Sauber, who following the announcement of BMW's withdrawal from F1
is currently looking for a buyer

"Nothing has been finalised and there's nothing to comment. I'm not
confirming, neither am I saying otherwise," Malaysia sports minister
Datuk Ahmad Shabery Cheek told the Malay Mail

It is reported that a consortium of Malaysians with the backing of the
government has made a bid to own a team, and an announcement by the
prime minister Datuk Seri Najib Razak could be pending

The sports minister added: "Then let's wait for the PM to make the
announcement. Who knows what will happen after the Singapore GP."nnIt
is also rumoured that the Malaysia consortium might see its route into
F1 not via BMW-Sauber but with a start-up operation, with Dany Bahar
and Mike Gascoyne mentioned as possibly involved in the project

Bahar was the head of Ferrari's Global Brand Department, but is
reported to have left the Maranello outfit to run Lotus. Lotus was
involved with Litespeed's bid for a 2010 team entry, as was Gascoyne

The Malaysian government is already involved in F1 also through the
Sepang circuit near Kuala Lumpur

http://www.onestopstrategy.com/dailyf1news/nieuw/article/8746-Malaysia%20eyes%20F1%20team%20entry%20for%202010%20-%20report.html

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