GP2 »

iSport seeking to sell cars, exit series

"I need to be sure before the season starts that there is enough to carry over. This is not currently the case," he said. "This is too uncertain. I'm responsible for my staff."

Jackson later told Autosport that it was important to him to maintain iSport's reputation in the industry, both as as winning race team and a financially viable engineering business. "We're a team with a good reputation," he said. "We wish to maintain that in the future."

iSport was a founding member of the GP2 Series in 2005 and has been involved ever since, winning the driver and team championships in 2007 with Timo Glock. Other drivers that have competed for the team include Scott Speed, EJ Viso, Karun Chandhok, Bruno Senna, Giedo van der Garde, Oliver Turvey, Sam Bird and Davide Valsecchi.

Last season's drivers with the team were Marcus Ericsson and Jolyon Palmer who finished in eighth and 11th place in the drivers championship, between them amassing two wins and two second places along with three further podium finishes. iSport itself finished in sixth place in the team championship.

Jackson added that if the team was able to sell off its GP2 assets then it would look to channel the money toward racing in another, lower-cost championship that would ensure the ongoing survival of the company as a racing operation.

If iSport does exit the series, it will be the third team to withdraw since the end of the 2012 season. Scuderia Coloni exited over unspecified disagreements with the series organisers, while Ocean Racing Technology was forced to quit in January because of financial problems.

Two new teams, MP Motorsport and Hilmer Motrosport, have already taken their places on the starting grid for the 2013 season.

Super Nova Racing was another casualty of the economic downturn earlier in 2012 when it was forced out of the competition and its place taken by new team Venezuela GP Lazarus.

Other GP2 teams have weathered the storm by linking up with other companies, such as Carlin entering into a partnership with Russian car manufacturer Marussia Motors to give the Marussia F1 team a GP2 presence, and Lotus Cars moving to rebrand the team formerly known as ART Grand Prix under the new name Lotus GP.




Related Pictures

Click on relevant pic to enlarge
Jolyon Palmer (GBR, iSport International). [World Copyright: Alastair Staley/GP2 Series Media Service.]
Marcus Ericsson (SWE, iSport International) on Friday at Valencia in Spain. June 22 2012. (Photo Credit: Alastair Staley/GP2 Media Service.)
Jolyon Palmer (GBR, iSport International) celebrates his first GP2 victory. [Photo Credit: Alastair Staley/GP2 Media Service.
Marcus Ericsson (SWE, iSport International) at Marina Bay Circuit, Singapore. 23rd September 2012. (World Copyright: Alastair Staley/GP2 Media Service)
Jolyon Palmer (GBR, iSport International). [World Copyright: Alastair Staley/GP2 Series Media Service.]
Stoffel Vandoorne (BEL, ART Grand Prix), Jolyon Palmer (GBR, DAMS) & Stephane Richelmi (MON, DAMS) after qualifying at Yas Marina Circuit, Abu Dhabi, United Arab Emirates. Friday 21 November 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) celebrates at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Alastair Staley/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) celebrates at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Alastair Staley/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) celebrates at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Alastair Staley/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS), Mitch Evans (NZL, RT RUSSIAN TIME) & Raffaele Marciello (ITA, Racing Engineering) on the feature race podium at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) in action at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) celebrates win with his father Jonathan at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014.(Photo: Steven Tee/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) celebrates victory at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Steven Tee/GP2 Series Media Service.)
Newly-crowned 2014 GP2 Series Champion Jolyon Palmer (GBR, DAMS) celebrates in Parc Ferme at Sochi Autodrom, Sochi, Russia. Saturday 11 October 2014. (Photo: Steven Tee/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) in action in practice at Sochi Autodrom, Sochi, Russia. Friday 10 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) in action in practice at Sochi Autodrom, Sochi, Russia. Friday 10 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) in action at the Autodromo di Monza, Monza, Italy. Sunday 7 September 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) crosses the line at the end of race 2 at the Autodromo di Monza, Monza, Italy. Sunday 7 September 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


Jay - Unregistered

February 22, 2013 9:44 PM

Motorsport at this level would almost be better off calling itself an amateur sport and seeking lottery funding ! It's the old Premier league / Football League arguement. The Premier league (F1) generates all the cash,and the lower formulae live off scraps.But it's the lower formulae that develop the drivers. In other words,as purely a short term measure until a better solution ican be found,more cash has to be distributed down from the company that rakes in all that tv revenue. But short term greed will always outweigh the long term benefits to motorsport. Either way,it's pathetic that a team with the expertise of ISport has to scratch around for 500,000 Euros,which is loose change in F1. And,yes,I do realise we're in a recession and any business is subject to market forces. But try pitching an idea in Dragon's Den where you hope to build a business around finding a couple of pay drivers each year. It's just ridiculous. And how depressing is all this to some young guy or gal in the ju



© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.