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Monteiro confirms GP2 acquisition plans.

Tiago Monteiro has admitted he is in talks to become the owner of a GP2 Series team in 2009, but stresses no formal deal is ready to be announced.

Reports have linked the former Formula 1 driver to buying out struggling Spanish outfit BCN Competicion, which is reputed to be the least funded on the grid and is currently the only one of the 13 teams that hasn't won a GP2 race yet.

The Portuguese driver, who scored one podium finish in two seasons of Formula 1 racing, has now confirmed he is in talks to become a team owner in 2009, but he insists it is not a done-deal.

"To cross over to the other side of pitwall and head the undertaking of a project such as this is very stimulating for a driver," the former Jordan and Midland F1 driver said.

"It means that I will need to find partners as well as sporting and commercial solutions that will guarantee that the company can be competitive. But even if the negotiations are well advanced, it is important that everyone understands that nothing is finalised."

Monteiro currently races in the World Touring Car Championship with SEAT. He heads to the final round of the season in Macau classified 12th in the standings with two wins to his name.

BCN yesterday claimed they are hoping to announce the commercial deal by the end of the month.


Related Pictures

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20.10.2006 Sao Paulo, Brazil, Tiago Monteiro (POR), Spyker MF1 Racing - Formula 1 World Championship, Rd 18, Brazilian Grand Prix, Friday Practice
Adrian Quaife-Hobbs (GBR, Rapax) at the Hungaroring, Budapest, Hungary. Friday 25 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
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Stoffel Vandoorne (BEL, ART Grand Prix) celebrates at Hungaroring, Budapest, Hungary. Sunday 27 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stoffel Vandoorne (BEL, ART Grand Prix), Jolyon Palmer (GBR, DAMS) & Felipe Nasr (BRA, Carlin) elebrate at Hungaroring, Budapest, Hungary. Sunday 27 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stoffel Vandoorne (BEL, ART Grand Prix), Jolyon Palmer (GBR, DAMS) & Felipe Nasr (BRA, Carlin) celebrate at the Hungaroring, Budapest, Hungary. Sunday 27 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
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Patric Niederhauser (SUI, Arden International) celebrates his win on the podium. Photo: Charles Coates/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International) celebrates his win on the podium with Dino Zamparelli (GBR, ART Grand Prix) and Jann Mardenborough (GBR, Arden International) Photo: Charles Coates/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International) celebrates his win in Parc Ferme. Photo: Sam Bloxham/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International) celebrates his win on the podium with Dino Zamparelli (GBR, ART Grand Prix) and Jann Mardenborough (GBR, Arden International) at the Hungaroring, Hungary 2014 GP3 Series Round 5. Hungaroring, Budapest, Hungary. (Photo: Sam Bloxham/GP3 Series Media Service.)
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) wins at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.
Arthur Pic (FRA, Campos Racing) celebrates at the Hungaroring, Budapest, Hungary. Saturday 26 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)

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