DAMS To Run GP3 Team After Pulling Out Of FR3.5

DAMS will be running their own GP3 team in 2016, after announcing that it plans to pull out of Formula Renault 3.5 at the end of this season.

The highly successful GP2 team will be entering alongside Virtuosi Racing, and will join the likes of ART, Campos, Jenzer, Koiranen, and Trident.

Status and and Carlin meanwhile will be pulling out of the championship, with the latter citing “today’s challenging economic environment” as the reason why it cannot fund the operation. They are however “completely dedicated” to running their GP2 team “for next season and the foreseeable future.”

“In order to give more support to our teams in today’s challenging economic environment, we decided to limit the entries to eight (with three cars per outfit), and favour quality over quantity,” said series director Bruno Michel. “We will reassess our position should the situation changes.”

“Next on our agenda is working on the 2016 calendar with the target of racing alongside GP2 and F1 at each round,” he added. “In the meantime, we continue to focus on our development test programme. So far, the results have shown that we will have a very competitive and reliable car which will make for another fiercely contested and entertaining season.”

Michel is of course referring to the new GP3/16 chassis which was unveiled during the Italian GP weekend.

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