New team eyeing F1 entry in ’09
“The main ambition is to take Ultimate to F1 because this has all been geared in order to get there," he said. “We are working very hard to achieve it and we have been working closely with different partners to get the right people to do the job properly.
“We are talking to many parties in order to do this and we've spent a lot of time getting the right people together. It is coming together quicker than we thought, but we are very comfortable with the position we are currently in."
“It is hard to say when we can get on the grid," he admitted, "We are pushing to race in 2009, but we are waiting for the outcome of the Concorde Agreement, which will have a big bearing on what we do. For us to get started and to get the people together to place ourselves on the grid, we are relying on the customer situation to get us going."