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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
Matt Parry - Koiranen GP   [pic credit: GP3 Media Service]
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Saturday 25 July 2015. Matthew Parry (GBR, Koiranen GP) Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Jimmy Eriksson (SWE, Koiranen GP) Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Seb Morris (GBR, Status Grand Prix) &Matheo Tuscher (SUI, Jenzer Motorsport) Photo: Sam Bloxham/GP3 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) Photo: Sam Bloxham/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Stoffel Vandoorne (BEL, ART Grand Prix) & Nobuharu Matsushita (JPN, ART Grand Prix) Photo: Sam Bloxham/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) leads Stoffel Vandoorne (BEL, ART Grand Prix) Raffaele Marciello (ITA, Trident) and the rest of the field at the start. Photo: Sam Bloxham/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) & Stoffel Vandoorne (BEL, ART Grand Prix) Photo: Sam Bloxham/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) celebrates in parc ferme. Photo: Steven Tee/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) Photo: Sam Bloxham/GP2 Media Service
015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) Photo: Sam Bloxham/GP2 Media Service
2015 GP2 Series Round 6. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Nobuharu Matsushita (JPN, ART Grand Prix) crosses the line and takes the chequered flag and the win. Photo: Sam Bloxham/GP2 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Kevin Ceccon (ITA, Arden International) celebrates on the podium. Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Kevin Ceccon (ITA, Arden International) celebrates on the podium with Esteban Ocon (FRA, ART Grand Prix) and Jimmy Eriksson (SWE, Koiranen GP). Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Kevin Ceccon (ITA, Arden International) celebrates on the podium. Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Kevin Ceccon (ITA, Arden International) celebrates in parc ferme. Photo: Sam Bloxham/GP3 Media Service
2015 GP3 Series Round 4. Hungaroring, Budapest, Hungary. Sunday 26 July 2015. Kevin Ceccon (ITA, Arden International), locks a wheel leading Antonio Fuoco (ITA, Carlin), Jimmy Eriksson (SWE, Koiranen GP), Esteban Ocon (FRA, ART Grand Prix) and the rest of the field at the start. Photo: Sam Bloxham/GP3 Media Service

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