Having revealed that no fewer than 15 bids were received for a place on next season's Formula One grid, the FIA's 'intense' due diligence process, assisted by Deloitte, resulted in three teams being granted a place in the field - although not necessarily the three that most insiders may have been expecting....
While Prodrive and Lola, to name two pre-announcement favourites, remain on the outside looking in, Campos Grand Prix, Manor F1 and Team US F1 can begin preparing for the biggest step in their existence.
The FIA has revealed that twelve of the 15 submitted entries were considered strong enough to proceed to the vetting stage - admitting that it was 'good to see such a strong market for new teams' - before a raft of financial and technical investigations eventually led to the main candidates being put forward for consideration. The FIA has also confirmed that 'further due diligence is currently taking place on other potential entries', in the event that any of the five teams currently being given until 19 June to convert their conditional entries to unconditional ones - and the likes of Ferrari, Red Bull and Toro Rosso, who deny that their entries are unconditional as listed - drop off the list.
For now, the newcomers to Formula One in 2010 are as follows:
CAMPOS GRAND PRIX
Campos Grand Prix
Adrián Campos Suñer
The Campos Racing team was launched in 1998 by ex-Formula One driver Adrián Campos. Since that time, it has competed in various championships from GP2 to Euro F3. It has won six driver championships, five team championships and currently holds the GP2 Series teams' championship title, while its successor, Barwa Addax holds first and second positions in the 2009 drivers' standings courtesy of Vitaly Petrov and Romain Grosjean.
Following Campos' split from his GP2 operation - which is now run by Alejandro Agag - Campos Racing, which currently fields a team in Spanish F3, will run the Campos Grand Prix team in conjunction with Meta Image, a Madrid-based sports agency which specialises in event management, sponsorship acquisition, PR and marketing.
The grand prix team's headquarters are based in Madrid, which houses the marketing and administrative departments, but the technical centre remains based at Campos Racing's current headquarters in Valencia, 25km from the Circuit Ricardo Tormo. This facility currently manages design and development for the Campos Racing F3, Mexico A1GP and Barwa Addax GP2 teams.
As expected, the team has confirmed that its application to compete in the 2010 world championship will rely on an engine supply deal with Cosworth and technical partnerships with both Dallara Automobili and Xtrac, with the Italian constructor returning to F1 following successful deals to provide bespoke machines for GP2, World Series by Renault and the IndyCar Series.
Manor Grand Prix Racing
Manor F1 Team
John Alfred Booth
The Manor name came into racing in 1990 when former single-seater champion John Booth decided to establish his own team. Since that time, Manor's record of success includes some 171 race wins and 19 championship titles in junior categories such as Formula Renault and F3.
With the F3 Euroseries team now amicably divorced from FRenault entrant Manor Competition, the F1 operation will be based across two sites in the UK, one Manor's traditional home in Sheffield and the other in Bicester, close to Silverstone and Britain's 'motorsport valley'. Its technical innovation will be characterised by the fact that the race cars are designed, tested and refined entirely in the digital domain using the processes originally developed by Wirth Research Limited [WRL].