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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
Raffaele Marciello (ITA, Racing Engineering) at Sochi Autodrom, Sochi, Russia. Friday 10 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Marco Sorensen (DK, MP Motorsport) in action at Sochi Autodrom, Sochi, Russia. Friday 10 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Marco Sorensen (DK, MP Motorsport) celebrates in parc ferme after the Sunday sprint race at Sochi Autodrom, Sochi, Russia. Sunday 12 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Marco Sorensen (DK, MP Motorsport) celebrates on the podium after the Sunday sprint race at Sochi Autodrom, Sochi, Russia. Sunday 12 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Marco Sorensen (DK, MP Motorsport), Stoffel Vandoorne (BEL, ART Grand Prix) & Felipe Nasr (BRA, Carlin) celebrate on the podium after the Sunday sprint race at Sochi Autodrom, Sochi, Russia. Sunday 12 October 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Patric Niederhauser (SUI, Arden International) in Parc Ferme after race 2 at Sochi Autodrom, Sochi, Russia. (Photo: Glenn Dunbar/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International) celebrates in Parc Ferme after race 2 at Sochi Autodrom, Sochi, Russia. (Photo: Sam Bloxham/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International) celebrates with champagne on the podium after race 2 at Sochi Autodrom, Sochi, Russia. Photo: Alastair Staley/GP3 Series Media Service.)
Patric Niederhauser (SUI, Arden International), Dean Stoneman (GBR, Koiranen GP) and Marvin Kirchhofer (GER, ART Grand Prix) on the podium after race 2 at Sochi Autodrom, Sochi, Russia. (Photo: Glenn Dunbar/GP3 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.)

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