GP2 »

BCN coy on Monteiro buy-out rumours.

BCN Competicion have confirmed they are in the midst of talks concerning a new commercial operation, one that could well see the team bought out by former Formula 1 driver Tiago Monteiro.

BCN released a short statement on their website revealing that talks were taking place to bring a new commercial partner on board in a bid to improve their status as probably the least funded team on the GP2 Series grid.

Pointing to a story posted by Italian website Italiaracing.net, BCN admitted they were hoping to have their plans cemented by the end of November.

“With reference to some news announced in an internet site about our Company, BCN Competicion would like to inform that at this moment we are in negotiation discussing a commercial operation that will be decided before end of November 2008.”

The original article suggested that several parties, including double Renault World Series Champions Tech 1 Racing, as well as fellow Spanish teams Tec Auto and Llusia, had been interested in taking over BCN in order to secure a GP2 entry for the next two seasons.

However, it has since been revealed that Monteiro, who currently competes with SEAT in the World Touring Car Championship after two seasons of Formula 1 racing with Jordan and Midland Racing, is due to take over the team from Enrique Scalabroni.

One strand of speculation about Monteiro, who is regarded as a motorsport hero in his native Portugal after scoring a podium at the 2005 US Grand Prix, is that a deal could be linked to the brand new Parkalgar Algarve Motor Park, which this week announced it would be hosting next year's GP2 finale.

The circuit has already thrown its backing behind a World Supersport motorcycle team in 2008 in order to promote the hosting of their inaugural WSBK event this weekend.

BCN are the only GP2 team yet to score a victory since the series was founded in 2005 and they finished second from bottom in this year's championship.


Related Pictures

Click on relevant pic to enlarge
Carlos Iaconelli - BCN Competicion [pic credit: GP2 Series Media]
Alex Lynn (GBR, Carlin) celebrates his win on the podium with Richie Stanaway (NZL, Status Grand Prix) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Felipe Nasr (BRA, Carlin), takes the chequered flag at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Daniel Abt (GER, Hilmer Motorsport), leads Jolyon Palmer (GBR, DAMS), Felipe Nasr (BRA, Carlin) & Artem Markelov (RUS, RT RUSSIAN TIME) at the start at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jolyon Palmer (GBR, DAMS) & Felipe Nasr (BRA, Carlin) battle for the lead at the start at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Felipe Nasr (BRA, Carlin) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Felipe Nasr (BRA, Carlin), Johnny Cecotto (VEN, Trident) & Jolyon Palmer (GBR, DAMS) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Felipe Nasr (BRA, Carlin) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Alex Lynn (GBR, Carlin), takes the chequered flag at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Alex Lynn (GBR, Carlin) celebrates his win in Parc Fermeat Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Jed Leicester/GP3 Series Media Service.)
Alex Lynn (GBR, Carlin) celebrates his win on the podium at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Alex Lynn (GBR, Carlin) celebrates his win on the podium with Richie Stanaway (NZL, Status Grand Prix) and Alex Fontana, (SUI, ART Grand Prix) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Jed Leicester/GP3 Series Media Service.)
Alex Lynn (GBR, Carlin) celebrates his win on the podium with Richie Stanaway (NZL, Status Grand Prix) and Alex Fontana, (SUI, ART Grand Prix) at Spa-Francorchamps, Spa, Belgium. Sunday 24 August 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Dean Stoneman (GBR, Marussia Manor Racing) in action at Spa-Francorchamps, Spa, Belgium. Saturday 23 August 2014 (Photo: Charles Coates/GP3 Series Media Service.)
Dean Stoneman (GBR, Marussia Manor Racing) celebrates at Spa-Francorchamps, Spa, Belgium. Saturday 23 August 2014 (Photo: Charles Coates/GP3 Series Media Service.)
Dean Stoneman (GBR, Marussia Manor Racing), Dino Zamparelli (GBR, ART Grand Prix) & Nick Yelloly (GBR, Status Grand Prix), on the podium at Spa-Francorchamps, Spa, Belgium. Saturday 23 August 2014 (Photo: Sam Bloxham/GP3 Series Media Service.)
Dean Stoneman (GBR, Marussia Manor Racing) in action at Spa-Francorchamps, Spa, Belgium. Saturday 23 August 2014 (Photo: Jed Leicester/GP3 Series Media Service.)
Raffaele Marciello (ITA, Racing Engineering) at Spa-Francorchamps, Spa, Belgium. Friday 22 August 2014 (Photo: Jed Leicester/GP2 Series Media Service.)

Start 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.




© 1999 - 2014 Crash Media Group

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