It is expected to be confirmed later today that former Midland, Spyker and Force India boss Colin Kolles has put together a package to rescue the Campos Meta team – and thus guarantee that two Dallaras will be on the grid in Bahrain.
Kolles is expected to take on the role of team principal, working on behalf of team owner Jose Ramon Carabante. Not surprisingly, it seems that there will be no ongoing role for either team founder Adrian Campos or his managing director, Daniele Audetto. The team is likely to be renamed before the first race, although that will require the permission of the FIA and FOM.
YouTube founder and erstwhile US F1 investor Chad Hurley could yet become involved, although it seems that no deal has been agreed as yet.
Kolles has engaged Geoff Willis as a consultant, and it would logical for him to move former BMW Sauber chief engineer Mike Krack – who already works for him – into a key role on the F1 project. Kolles has been busy over the last two weeks putting the pieces in place and dealing with key suppliers Dallara, Cosworth and Xtrac. Work has started again at Dallara after being put on hold when Campos Meta failed to make payments.
It’s not yet clear who will drive, and while Bruno Senna signed a contract with Campos, the team clearly needs extra funding from its drivers. US F1 refugee Jose Maria Lopez has been in contact over the last couple of days and could agree a deal if he still has his backing from Argentina, while Karun Chandhok confirmed this week that he has been talking to Campos. Belgian Bertrand Baguette, whose name has also been mentioned, is not thought to be a contender.