Campos hand over control to Carabante
Jose Ramon Carabante has been given control over the Campos Meta F1 team by becoming a majority share holder, the Spanish team has officially confirmed today. In addition, Former Force India director Colin Kolles has taken over as team principal. These were necessary steps for the team to be able to compete in 2010, as the proper financing had not be available up until now.
Jose Ramon Carabante said, "I would like to thank Bernie Ecclestone, who worked tremendously to support our efforts to keep the team viable. The whole rescue operation has been a race against time with the goal of always having the team run two competitive cars at the first Grand Prix of the F1 season in Bahrain. We have a lot of hard work still ahead of us but we are excited about making our F1 debut and looking forward to a competitive season."
Colin Kolles added, "I could not resist this tremendous challenge and am very excited to join forces in this new team. Over the next ten days we will review the entire operation, find the extra funding to ensure the team will make the first race in Bahrain, announce the line-up for 2010 in due time and make the operation viable under Jose Ramon Carabante's new ownership."