In Japan a new team for 2006 was launched.

Midland F1 which is Russian backed but privately owned will be in the line up from 2006.

The company was registered in Guernsey but the cars will be manufactured by the Italian makers Dallara.

Wonder who will be the drivers ?

this new team but considering that JAGUAR is pulling out of F1, will it last?

They are prepared to pay the $100 million per annum.

They want to build the team from scratch and Dallara have already been in F1 from 1988-1992 with Ford-powered Scuderia Italia team.

They want to bring a Russian driver to F1 eventually.

will they use or will it be all new?

From new I gather, they are viewing it as an investment for the future.

The car should be ready for testing next season.

They have not got a supplier for an engine yet.