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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
Jimmy Eriksson (SWE, Koiranen GP) at Hockenheimring, Hockenheim, Germany. Saturday 19 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jimmy Eriksson (SWE, Koiranen GP) at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014 (Photo: Sam Bloxham/GP3 Series Media Service.)
Stefano Coletti (MON, Racing Engineering) during practice at Hockenheimring, Hockenheim, Germany. Friday 18 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stefano Coletti (MON, Racing Engineering), takes the flag to win at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stefano Coletti (MON, Racing Engineering) celebrates in parc fermé at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stefano Coletti (MON, Racing Engineering) celebrates in parc fermé at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stefano Coletti (MON, Racing Engineering) celebrates on the podium at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Stefano Coletti (MON, Racing Engineering), Felipe Nasr (BRA, Carlin) & Stoffel Vandoorne (BEL, ART Grand Prix) on the podium at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP2 Series Media Service.)
Jann Mardenborough (GBR, Arden International) crosses the line to win his first race at Hockenheimring, Germany 2014 GP3 Series Round 4. Hockenheimring, Hockenheim, Germany. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) celebrates winning his first race at Hockenheimring, Germany 2014 GP3 Series Round 4. Hockenheimring, Hockenheim, Germany. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) on the podium with Dino Zamparelli (GBR, ART Grand Prix) and Jimmy Eriksson (SWE, Koiranen GP) at Hockenheimring, Germany 2014 GP3 Series Round 4. Hockenheimring, Hockenheim, Germany. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) celebrates on the podium at Hockenheimring, Hockenheim, Germany. Sunday 20 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) at Hockenheimring, Hockenheim, Germany. Saturday 19 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) at Hockenheimring, Hockenheim, Germany. Friday 18 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) at Hockenheimring, Hockenheim, Germany. Friday 18 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) at Hockenheimring, Hockenheim, Germany. Friday 18 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)
Jann Mardenborough (GBR, Arden International) at Hockenheimring, Hockenheim, Germany. Friday 18 July 2014. (Photo: Sam Bloxham/GP3 Series Media Service.)

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