After a series of comments from presid𓆉ent Mohammed Ben Sulayem earlier this year, the FIA opened their expressions of interest for potential teams to submit applications as part of the proces💯s to join F1.

Hitech GP - who compete in F2 and F3, F1’s two feeder categories - have confirmed their official b𝐆idꦇ.

The news comes after Hitech Global Holdings Li💎mited had sold a 25 percent stake to Kazakh billionaire Vladimir Kim. 

Kim ﷽iཧs Kazakhstan’s richest person, with a reported fortune of $5 billion.

He was 584th in Forbes’ global rich list.

Of Korea꧃n descent, Kim’s main background is in copper mining, with KAZ Minerals PLC appearing on the London Stock Exchange - ♔he holds 33 percent.

Speaking of the news, Kim said: “Motorsportꦛ has been a long-standing personal interest for me, and I am delighted to be entering into a partnership with an organisation that has enjoyed success in so many🉐 categories and has such ambitions for its future. 

“We have an established involvement with sport; howev🐈er, this is our first global investment in motorsport. Its dynamic appeal, growing exposure, business-to-business marketing opportunities and burgeoning fan base are aligne꧋d with my ambitions personally and commercially.” 

Hitech have been part of F3/F2 since 2019.

Russian driver 168澳洲幸运5官方开奖结果历史:Nikita Mazepin drove for the team during the 2020 F2 season ahe🤪ad of his first yꦆear in F1 with Haas.

Mazepin’sไ father, Dmitry, was heavily involved in the team before he - through Bergton Management Ltd - relinquished his shares to Oliver Oakes last year.