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 Rank: Pro Groups: Joined: 24/08/2009 Posts: 48,827 Points: -13,348
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...as a team-owner in the Formula E electric championship which will launch in September 2014.
It is 12 years since Prost has owned a team in a major motorsport series. In 1997, four year after retiring as an F1 driver, he bought the Ligier F1 team and became its team principal. The outfit was re-branded as Prost Grand Prix and its best result was finishing in sixth place in its debut year. Prost GP closed its doors in 2001 after the breakdown of talks about selling it.
Prost already has an association with Formula E as he is a brand ambassador of its technical partner Renault.
Prost's team is the fifth of ten outfits to be officially announced by Formula E. Lord Drayson, the pharmaceuticals entrepreneur and former Minister of State for Science and Innovation, will enter a team from a base in Oxfordshire. Another will be run by Chinese motorsport boss Yu Liu and IndyCar outfits Andretti Autosport and Dragon Racing will also join the field.
They have been attracted by a £2m ($3.3m) annual cap on team budgets. In contrast, F1 has no cap with annual budgets reaching an average of around £123.5m ($200m).
The Formula E car was launched last month at the Frankfurt motor show and is a collaboration between many famous names from F1.
Williams will provide the batteries, McLaren will make the cars' 300bhp electric motors, Michelin will supply the tyres and watch company TAG Heuer will handle timing.
The series will even race on F1's most famous location – the streets of Monte Carlo. All of the races will be held in city centres and there will be a total of ten including exotic locations such as Hong Kong, Los Angeles, Miami, Rio de Janeiro and Beijing.
Formula E has not yet announced who will drive for its teams but some well-known names are expected to be amongst the field. Ex-F1 drivers such as Bruno Senna is hotly tipped to be one of them.
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