GP2 set to become Formula 2 (Update)

UPDATE This rumor is upgraded to 'fact' today. The GP2 Series has been renamed the FIA Formula 2 Championship following an agreement between Formula One Group and the FIA at a meeting of the World Motor Sport Council in Geneva.

"I am very pleased to announce the evolution of the GP2 Series to become the FIA Formula 2 Championship," Formula One Group CEO Chase Carey said. "Junior categories and especially the upcoming F2 Championship are strategic activities for the Formula One Group. We are delighted to strengthen them through this agreement with the FIA."

Ross Brawn

03/09/17 (GMM) GP2 looks set to be rebranded as 'Formula 2'.

Ross Brawn, F1's sporting chief on behalf of new owner Liberty Media, told Sport Bild: "The ultimate goal is putting formula one, F2 and F3 all together" in the way that the MotoGP categories are layered.

And that plan appears to be also backed by F1's governing body.

In fact, it is believed an announcement of GP2's rebranding is imminent.

FIA president Jean Todt told the Paris federation's own Auto magazine: "Rationalizing the pathway to formula one has been a major goal of the FIA in my time here and the designation of a new F2 would achieve that goal."