A new challenger is now on the horizon for Formula 1, with the sport’s governing body, the FIA, looking to take its time.
It has been reported that a new championship is on the cards, and will be contested by teams based in the UK.
The report, citing unnamed sources, said: “It would be a dream come true for any British driver to enter the F1 championship in 2019.”
The FIA is keen to secure a new champion, and has been working hard to establish a British team.””
But there is also interest from other countries and it is not just the FIA that would like to see a new F1 champion, but Formula 1 as a whole.
“F1 is a global sport, and there is no single country or race that could provide the same level of racing opportunities as other countries.”
The report added that the FIA is also keen to see teams from the UK take part in the championship.
The British F1 team would likely be formed from the existing team, the Williams F1 Team.
However, it is understood that the move to a new team in 2019 could not be made until 2018, with some sources saying the new team could be formed in 2020.
The FIA said in a statement that it has been in discussions with several European and Asian partners and the British F2 team to discuss a possible new entry into the F3 championship.
F1’s next series is due to begin in 2020, and the sport has previously announced that it would not be competing in the 2020 season.
The new Formula One World Championship would see teams competing in a single round in Abu Dhabi.
Sources said that the team would be formed on a “one-off basis”, with a full team of 20 drivers, and a new squad in 2019, with a new driver line-up being established in 2020 with the current team.